Sanmina Projects FY 2027 Revenue Growth Driven by Cloud and AI Demand
Sanmina Corporation (SANM) reported strong fiscal year 2026 results, highlighted by a 79% year-over-year revenue increase to $14.53 billion. The company saw significant margin expansion, with non-GAAP operating margins rising from 5.7% to 7.4%, while non-GAAP diluted earnings per share more than doubled to $13.28. Looking ahead to fiscal year 2027, Sanmina has provided optimistic guidance, forecasting revenue between $17.5 billion and $19.5 billion. A major driver for this growth is expected to be the cloud and AI systems sector, which management projects will contribute between $7.5 billion and $9.0 billion in revenue.
Tickers: $SANM
Topics: EPS Fiscal Year Results Operating Margin Revenue Growth
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