SAN JOSE, CA – Sanmina announced revenue of $2.01 billion for the first quarter of its fiscal year, a year-over-year increase of 7.5%.

"We delivered solid first quarter financial results, with revenue towards the high end and non-GAAP earnings per share exceeding our outlook. We continue to execute well, as evident in our consistent operating margin and cash generation," said chairman and CEO Jure Sola. "Our operational discipline and ability to service our customers will further strengthen our operating model and drive shareholder value. We continue to see positive trends and are confident that fiscal 2025 will be a growth year."

Looking to the second quarter, the company projects revenue of $1.9 billion to $2 billion.

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