Sanmina Corporation announced unaudited consolidated earnings results for the first quarter ended December 29, 2018. For the quarter, net sales were $2,188,018,000 against $1,744,800,000 a year ago. Operating income was $77,543,000 against $13,788,000 a year ago. Net income was $37,952,000 against negative $154,910,000 a year ago. Basic income per share was $0.56 per share against negative $2.16 per share a year ago.

Sanmina Corporation provided earnings guidance for the second fiscal quarter ending March 30, 2019. For the quarter, the company expected Revenue between $1.9 billion to $2.0 billion. Company expected GAAP diluted earnings per share between $0.59 per share to $0.69 per share, including stock-based compensation expense of $0.11. The company expected Non-GAAP diluted earnings per share between $0.70 per share to $0.80 per share.