Sanmina Reports Strong Q2 Results, Driving Stock Higher
Sanmina's fiscal Q2 results exceeded market expectations, leading to a significant rise in its stock price despite a broader market decline. The company reported non-GAAP earnings per share of $3.16 on sales of $4.01 billion, surpassing analyst estimates by a wide margin. The stock surged over 14% following the release of the results.
Tickers: $SANM
Topics: Earnings Market Reaction Sales Growth Stock Performance