Exhibit 99.1 Second Quarter Fiscal 2024 Financial Highlights See Schedule 1 below for more information regarding our use of non-GAAP financial measures. A reconciliation of the non-GAAP financial information contained in this release to their most directly comparable GAAP measures is included in the financial statements furnished with this release. (1) FINANCIAL NEWS Sanmina's Second Quarter Fiscal 2024 Financial Results San Jose, CA – April 29, 2024. Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 0-21272 Sanmina Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Empl ...

Q1 FY'24 Financial Results January 29, 2024 Jon Faust EVP & CFO Certain statements made during this presentation, concerning our financial outlook for the second quarter fiscal 2024 and our expectations for FY24 generally constitute forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in these statements as a result of a number of factors, including adverse changes to the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 0-21272 Sanmina Corporation (Exact name of registrant as specified in its charter) DE 77-0228183 (State or other jurisdiction of incor ...

Financial Data and Key Metrics Changes - Q4 FY '23 revenue was $2.05 billion, down from $2.22 billion in Q4 FY '22, primarily due to ongoing customer inventory adjustments in the communications end market [11][12] - Q4 FY '23 non-GAAP gross margin was 8.7%, compared to 7.9% in Q4 FY '22, attributed to a favorable product mix [42] - FY '23 non-GAAP EPS grew 34% to $6.26 compared to $4.68 in FY '22, while GAAP fully diluted EPS for FY '23 was $5.18 [16] - Cash flow from operations was $77 million in Q4 and $235 million for the full fiscal year [17] Business Line Data and Key Metrics Changes - Q4 FY '23 revenue for the Communications and Cloud Infrastructure segment was 34.6%, down 18% sequentially, but for the year, revenue was up 11.7% [23] - CPS revenue in Q4 FY '23 was $440 million, an increase from $419 million in Q3 FY '23, with non-GAAP gross margin improving to 10.8% from 8.8% in Q3 [14] - Industrial, Medical, Defense and Aerospace, and Automotive segments accounted for 65.4% of revenue in Q4, remaining flat quarter-over-quarter [53] Market Data and Key Metrics Changes - The top 10 customers accounted for 49% of revenues in Q4 FY '23, indicating a continued diversification of market segments [22] - The company is well positioned in the medical market, focusing on disposable wearable products and laboratory diagnostic equipment, with a strong pipeline of new opportunities [26][27] - The automotive segment, particularly around electric vehicles, is expected to see long-term growth driven by global initiatives [72] Company Strategy and Development Direction - The company aims to fund organic growth and has increased capital expenditures to position itself for expected growth in the second half of FY '24 and beyond [18] - Sanmina is focused on diversifying its market segments, with key markets including cloud AI, defense, aerospace, digital health, and electric vehicles [28][72] - The internal goal is to grow revenue to between $10 billion and $12 billion over the next three years, emphasizing profitable growth [73][82] Management's Comments on Operating Environment and Future Outlook - Management expects continued inventory adjustments in the communications market, with a forecast for revenue to be down in Q1 FY '24, but anticipates improvements in the second half of the year [24][49] - The company remains optimistic about long-term opportunities based on customer feedback and market demand [24][80] - Management highlighted a strong balance sheet and cash flow generation as key advantages for future growth [46][74] Other Important Information - The company repurchased approximately 600,000 shares for $33 million in Q4 FY '23, with a total of 1.58 million shares repurchased for about $84 million over the fiscal year [47] - Capital expenditures for Q1 FY '24 are expected to be around $40 million, driven by new program growth [49] Q&A Session Summary Question: Where else are you seeing inventory adjustments? - Most inventory adjustments are primarily within the communications side of the business, with minor adjustments in industrial, medical, defense, and automotive segments [61] Question: When will we see significant revenue from the joint venture? - Significant growth is expected in FY '24, with operations performing excellently [62] Question: How should we think about gross margin in the coming quarters? - Short-term operating margins are expected to be in the range of 5% to 6%, with potential for improvement [63][79] Question: How many significant customers are involved in the communications market? - Approximately 10 significant companies are involved, with 5 being major players [68] Question: What gives confidence in growth for the second half of FY '24? - Confidence stems from expected resolution of inventory issues and new program developments [80]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 1, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 0-21272 Sanmina Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer ...

Sanmina's Third Quarter Fiscal 2023 Financial Results SAN JOSE, Calif., July 31, 2023 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported nancial results for the scal third quarter ended July 1, 2023 and outlook for its scal fourth quarter ending September 30, 2023. (1)Non-GAAP nancial measures exclude charges or gains relating to: stock-based compensation expenses; restructuring costs (including employee sever ...

Sanmina Corporation (NASDAQ:SANM) Q3 2023 Earnings Conference Call July 31, 2023 5:00 PM ET Company Participants Paige Melching - SVP, Investor Communications Jure Sola - Chairman and CEO Kurt Adzema - EVP and CFO Conference Call Participants Anja Soderstrom - Sidoti Christian Schwab - Craig-Hallum Capital Group Operator Good day, and welcome to the Sanmina Third Quarter Fiscal 2023 Earnings. [Operator Instructions]. Please note this event is being recorded. I would now like to turn the conference over to ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 1, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF For the transition period from to . Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportin ...

Financial Data and Key Metrics Changes - Q2 revenue reached $2.32 billion, exceeding the guidance of $2.2 billion to $2.3 billion, with a year-over-year growth of 21% from $1.92 billion [16][24] - Non-GAAP gross margin was 8.4%, and non-GAAP operating margin improved to 5.8% from 4.7% in Q2 FY 2022 [24] - Non-GAAP fully diluted EPS was $1.59, up over 50% from $1.05 in Q2 FY 2022 [24][26] - First half FY 2023 revenue was $4.7 billion, on track for mid-teens growth for the full year compared to the prior year [26][41] Business Line Data and Key Metrics Changes - IMS revenue for the first half of FY 2023 was $3.9 billion, driven by supply chain improvements [27] - CPS revenue for the first half of FY 2023 was $889 million, with non-GAAP gross margin improving to 13.2% compared to FY 2022 [27] Market Data and Key Metrics Changes - Revenue from industrial, medical, defense, and automotive markets was $1.362 billion, with year-over-year growth of 18% [38] - Communication networks and cloud infrastructure revenue was $958 million, showing a year-over-year growth of 27% despite a slight quarter-over-quarter decline of 6% [38] Company Strategy and Development Direction - The company is focused on high complexity, heavily regulated markets, avoiding consumer markets [40] - Plans to expand capacity into more profitable projects, particularly in medical, defense, and automotive sectors [43] - Continued investment in talent and technology to support growth for FY 2024 and beyond [42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macroeconomic uncertainties, highlighting strong operational execution and improved supply chain conditions [36][45] - The company anticipates mid-teens revenue growth for FY 2023, with expectations for margin expansion and EPS growth [41][42] Other Important Information - Cash and cash equivalents at the end of Q2 were $718 million, with no borrowings under the $800 million revolver [28] - The company has authorized $164 million for share repurchases, with an additional $200 million recently approved [29] Q&A Session Summary Question: Inventory levels and management - Management noted that inventory levels have increased over the past few years, aiming for inventory turns of six to seven times, ideally reaching eight [51] Question: Revenue guidance for Q3 - Management acknowledged slight revenue guidance decline but expressed confidence in delivering strong financial numbers despite challenges [61] Question: Communication networks performance - Management confirmed some delays in communication projects but noted strong performance in the previous quarters [83]