SANM let's hit 10.98

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Sanmina-SCI Corp. (SANM) stock surged 12.26 percent to $10.35 in the pre-market trading. Adjusted profit for the third quarter was $35.1 million or $0.42 per share, up from $26.6 million or $0.32 per share last year. Revenue rose 3 percent to $1.67 billion. Analysts had expected profit of $0.35 per share on revenue of $1.65 billion. Looking ahead into the fourth quarter, the company expects adjusted earnings of $0.40 to $0.44 per share and revenue fo $1.65 billion to $1.7 billion, while Street predicts profit of $0.42 per share on revenue of $1.72 billion.


Currently 10.65
 

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