SAN JOSE – Sanmina reported fiscal third-quarter revenue ended June 28 of $1.6 billion, up 7.4% year-over-year, and up 8.1% sequentially.
GAAP net income for the quarter was $20.7 million, up 10.7% compared to the fiscal third quarter of 2013.
GAAP operating income for the period was $53.3 million, or 3.3% of revenue, compared to $35.7 million, or 2.4% of revenue, for the same period ended June 29, 2013.
"Each of our end-market segments grew on a sequential basis, with notable performance from our industrial, medical and defense segment," stated Jure Sola, chairman and CEO of Sanmina.
The firm expects revenue between $1.6 billion and $1.65 billion for the fiscal fourth quarter.