SANM Stock Recent News

SAN JOSE, Calif. , July 19, 2024 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM) announced today that it will host its third quarter fiscal 2024 earnings conference call on Monday, July 29, 2024 at 5:00 PM ET.

SAN JOSE, Calif., June 13, 2024 /PRNewswire/ -- 42Q, a Sanmina division, a leading provider of cloud-based Manufacturing Execution Systems (MES), announces the launch of its latest innovation in customer interaction and manufacturing automation: an advanced chatbot powered by Amazon Bedrock.

Russell Investments Group Ltd. increased its position in Sanmina Co. (NASDAQ:SANM – Free Report) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,992 shares of the electronics maker’s stock after acquiring an additional 579 shares during the period. Russell Investments Group Ltd.’s holdings in Sanmina were worth $924,000 at the end of the most recent reporting period. Other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of Sanmina by 21.2% during the 4th quarter. Blue Trust Inc. now owns 2,448 shares of the electronics maker’s stock valued at $133,000 after purchasing an additional 428 shares during the period. CI Investments Inc. grew its position in Sanmina by 3,686.4% during the third quarter. CI Investments Inc. now owns 3,067 shares of the electronics maker’s stock valued at $166,000 after buying an additio

COSTA MESA, Calif. , May 16, 2024 /PRNewswire/ -- Viking Technology, a division of Sanmina Corporation (Nasdaq: SANM), announces their newly released 16GB DDR4 Multi-Chip Package (MCP).

The electronic components manufacturer posted a mixed fiscal second quarter. In doing so, it reported declines on both the top and bottom lines.

Sanmina Corporation (NASDAQ:SANM ) Q2 2024 Results Conference Call April 29, 2024 5:00 PM ET Company Participants Paige Melching - SVP of Investor Communications Jure Sola - Chairman & CEO Jon Faust - EVP & CFO Conference Call Participants Ruplu Bhattacharya - Bank of America Steven Fox - Fox Advisors LLC Anja Soderstrom - Sidoti Christian Schwab - Craig-Hallum Capital Group Operator Good afternoon, ladies and gentlemen, and welcome to Sanmina's Second Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions].

Sanmina (SANM) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.59 per share a year ago.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

After reaching an important support level, Sanmina Corporation (SANM) could be a good stock pick from a technical perspective. SANM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

The list of Silicon Valley's hottest technology companies just got an unlikely addition in Sanmina Corporation NASDAQ: SANM. Shares of the San Jose-based electronic manufacturing services (EMS) provider ran as much as 38% on Tuesday after the company released fiscal 2024 first quarter financial results.