Sanmina exceeded fourth-quarter expectations, reporting non-GAAP EPS of $4.43, $1.16 above estimates, and revenue of $3.86 billion, $380 million above estimates. Its shares surged 21% on Nov. 10 after the results were announced. FY26 revenue rose 79% to $14.53 billion, fueled by the ZT Systems acquisition. Management expects FY27 revenue of $17.5 billion to $19.5 billion and adjusted EPS of $15.50 to $17.50, while adjusted operating margin is forecast to normalize to 7%–7.5%.
The company expects revenue of $17.5 billion to $19.5 billion in 2027, as its cloud and AI business grew far faster than the rest of its segments.
Read the full storyRevenue and adjusted earnings topped analyst estimates, while the stock jumped 23% in after-hours trading. The company also gave a wide annual range for its outlook.
Revenue and adjusted earnings per share topped analyst estimates, while the company said demand would remain strong in fiscal 2027, with risks from integrating ZT Systems and trade policy still in view.