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Sanmina Corporation Q4 adjusted earnings Beat Estimates

(RTTNews) - Sanmina Corporation (SANM) reported earnings for fourth quarter that fell from the same period last year.

The company's bottom line totaled $5.38 million, or $0.08 per share. This compares with $25.85 million, or $0.33 per share, in last year's fourth quarter.

Excluding items, Sanmina Corporation reported adjusted earnings of $48.05 million or $0.67 per share for the period.

Analysts had expected the company to earn $0.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.8% to $1.88 billion from $1.76 billion last year.

Sanmina Corporation earnings at a glance:

-Earnings (Q4): $48.05 Mln. vs. $49.77 Mln. last year.
-EPS (Q4): $0.67 vs. $0.64 last year.
-Analysts Estimate: $0.66
-Revenue (Q4): $1.88 Bln vs. $1.76 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.68 to $0.74
Next quarter revenue guidance: $1.875 - $1.925 Bln
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