Electric manufacturing services company Sanmina Corporation offers product designs, engineering, and repair for original equipment manufacturers (OEM). Using advanced technology, SANM provides end-to-end services for supply chain management and logistics in industries that include but are not limited to medical, communications, industrial, and defense & aerospace. With impressive fourth-quarter performance that beat revenue and EPS expectations, SANM’s growth and profitability look promising.
Amid a challenging macroeconomic environment, SANM delivered consistent and robust results that included margin expansion, strong cash flow, and an EPS of $1.50 that beat by $0.17; further progress is expected to take place on the back of the cyclical recovery.