SANMINA CORP
For the period ended Dec 28, 2024. Filed Jan 28, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 28, 2024 · Filed Jan 28, 2025
SANM$155.43+3.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1. Condensed Consolidated Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
| Three Months Ended | ||
|---|---|---|
| December 28,2024 | December 30,2023 | |
| (Unaudited) | ||
| (In thousands, except per share data) | ||
| Net sales | $2,006,348 | $1,874,798 |
| Cost of sales | 1,838,433 | 1,713,958 |
| Gross profit | 167,915 | 160,840 |
| Operating expenses: | ||
| Selling, general and administrative | 70,845 | 64,785 |
| Research and development | 7,024 | 6,289 |
| Restructuring | 1,436 | 2,190 |
| Total operating expenses | 79,305 | 73,264 |
| Operating income | 88,610 | 87,576 |
| Interest income | 3,396 | 3,657 |
| Interest expense | (5,001) | (8,412) |
| Other income (expense), net | (729) | (1,133) |
| Interest and other, net | (2,334) | (5,888) |
| Income before income taxes | 86,276 | 81,688 |
| Provision for income taxes | 15,392 | 21,324 |
| Net income before noncontrolling interest | 70,884 | 60,364 |
| Less: Net income attributable to noncontrolling interest | 5,881 | 3,296 |
| Net income attributable to common shareholders | $65,003 | $57,068 |
| Net income attributable to common shareholders per share: | ||
| Basic | $1.20 | $1.01 |
| Diluted | $1.16 | $0.98 |
| Weighted-average shares used in computing per share amounts: | ||
| Basic | 54,206 | 56,538 |
| Diluted | 55,853 | 58,240 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.