Sanmina(US:SANM)2024-01-29 22:25Financial Performance - Q1 FY'24 - Revenue reached $1.87 billion, aligning with the company's outlook[11] - Non-GAAP operating margin was 5.5%[25] - Non-GAAP diluted EPS was $1.30, hitting the high end of the projected range[25] - Cash flow from operations was $126 million[51] - Non-GAAP EBITDA was $133 million[51] - Free cash flow was $92 million[51] Outlook - For Q2 FY'24, the company anticipates revenue between $1.825 billion and $1.925 billion[25, 57] - The company projects Q2 FY'24 non-GAAP diluted EPS to be in the range of $1.20 to $1.30[25, 57] - The company expects sequential improvements in the second half of FY'24[25] Strategic Focus - The company's revenue goal is $10 billion - $12 billion[47] - The company is focused on margin expansion[47] - The company's Q1'24 top 10 customers accounted for 45% of revenue[66]