BUZZ-Sanmina plunges after quarterly profit fall

Reuters01-27 06:16

** Shares of manufacturing solutions firm Sanmina SANM.O down ~8% at $168 in extended trading ** Co posts Q1 net income of $49.3 million, compared with $65.0 million last year** However, reports Q1 revenue rise of 61% to $3.19 billion; sees Q2 revenue between $3.1 billion and $3.4 billion vs $1.98 billion a year ago ** Sees Q2 adjusted EPS in the range of $2.25 to $2.55 vs $1.41 from a year ago ** Stock rose ~98% in 2025

(Reporting by Koyena Das in Bengaluru)

((koyena.das@thomsonreuters.com))

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