Sanmina Q2 Revenue Soars Past Estimates by Over $700M, Adjusted EPS Beats by 32%
Summary
Sanmina Corporation reported robust second-quarter fiscal 2026 results, significantly surpassing analyst expectations for both revenue and adjusted earnings per share. The company posted Q2 revenue of $4,013.271 million, substantially exceeding the IBES estimate of $3,285 million. Furthermore, adjusted EPS came in at $3.16, well above the estimated $2.4. This strong performance indicates robust operational execution and demand, building on the Q1 fiscal 2026 net sales increase that was primarily driven by the ZT Systems acquisition. The significant beat on both top and bottom lines is a material positive catalyst for the stock, especially as it trades near its 52-week high, and traders will be watching for any updated guidance or commentary on future growth drivers.
At the time of this announcement, SANM was trading at $193.42 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $10.3B. The 52-week trading range was $74.90 to $197.63. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.