Sanmina Stock Surges After Fiscal Q2 Results Beat Estimates
Sanmina Corporation reported fiscal Q2 2026 results that beat analyst estimates, with revenue of $2.1 billion and EPS of $1.52, driving the stock up over 12%.
Key Numbers
Sanmina Corporation (SANM) announced its fiscal second-quarter 2026 financial results, significantly exceeding Wall Street expectations. Revenue came in at $2.1 billion, above the consensus estimate of $2.05 billion. Earnings per share (EPS) reached $1.52, compared to the expected $1.40. As a result, Sanmina shares surged more than 12% in after-hours trading.
Key Financial Results
| Metric | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.1B | $1.95B | +7.7% |
| Net Income | $85M | $72M | +18.1% |
| EPS | $1.52 | $1.28 | +18.8% |
Highlights from the Release
The company attributed the strong performance to increased demand for advanced electronics manufacturing solutions, particularly in communications and high-performance computing. Cost-cutting measures and operational efficiency improvements also boosted margins.
Future Guidance
For the fiscal third quarter of 2026, Sanmina expects revenue between $2.15B and $2.25B, and EPS between $1.55 and $1.65, both above analyst estimates.
Stock Impact
Sanmina shares (SANM) jumped 12.3% in after-hours trading to $68.50, reflecting investor optimism about the company's results and outlook.
What This Means for Investors
Sanmina's results underscore strong demand for electronics manufacturing services, especially in emerging markets. However, investors should monitor potential risks such as supply chain disruptions and demand fluctuations.
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