SAN JOSE, Calif. (AP) _ Sanmina Corp. (SANM) on Monday reported fiscal first-quarter net income of $44.9 million.
On a per-share basis, the San Jose, California-based company said it had net income of 58 cents. Earnings, adjusted for one-time gains and costs, were 75 cents per share.
The electronics manufacturing services company posted revenue of $1.72 billion in the period.
For the current quarter ending in April, Sanmina expects its per-share earnings to range from 67 cents to 72 cents.
The company said it expects revenue in the range of $1.68 billion to $1.73 billion for the fiscal second quarter.
Sanmina shares have climbed roughly 2 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.25, more than doubling in the last 12 months.
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