Earnings Call Insights: Sanmina Corporation (SANM) Q1 2026 Management View Jure Sola, Co-Founder, Executive Chairman & CEO, opened the call stating he is "very pleased with our performance for the first quarter," highlighting revenue of $3.19 billion, a non-GAAP operating margin of 6%, non-GAAP diluted earnings per share of $2.38, and cash flow from operations of $179 million. Sola emphasized, "I'...
Earnings Call Insights: Sanmina Corporation (SANM) Q1 2026 Management View Jure Sola, Co-Founder, Executive Chairman & CEO, opened the call stating he is "very pleased with our performance for the first quarter," highlighting revenue of $3.19 billion, a non-GAAP operating margin of 6%, non-GAAP diluted earnings per share of $2.38, and cash flow from operations of $179 million. Sola emphasized, "I'm excited about the future opportunities that we have in front of us." Sola indicated strong performance in communication networks, cloud, and AI infrastructure, as well as the successful integration of ZT Systems, citing ZT revenue at $1.964 billion for the quarter. "Fiscal year '26 is on tracking to our expectation, the way I would say it, great start to fiscal year 2026," said Sola. Jonathan Faust, Executive VP & CFO, stated, "We're very pleased with our first quarter results, which as you can see, either met or exceeded all of our outlook commitments." Faust added, "Both the core Sanmina business and the ZT Systems business came in near the high end of their respective outlook ranges." Outlook For Q2 2026, Sanmina expects revenue between $3.1 billion to $3.4 billion, with the midpoint of $3.25 billion reflecting 62% growth compared to the same period a year ago. Non-GAAP operating margin guidance is 5.7% to 6.2%, with non-GAAP diluted EPS projected at $2.25 to $2.55, based on approximately 56 million shares. Sola reiterated, "the goal is to double Sanmina revenue in the next 2 years. And what we see today, the AI opportunities are on track to deliver a $16-plus billion in our calendar year '27." Faust commented, "We continue to expect the core Sanmina business to grow high single digits this fiscal year." Financial Results Revenue for Q1 2026 was $3.19 billion, up 59% year-over-year. Non-GAAP gross profit was $298 million or 9.3% of revenue, a 30 basis point improvement year-over-year. Non-GAAP operating profit was $192 million or 6.0% of revenue, up 40 basis points yea...
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is p...
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking: Where will all of that energy come from? AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse. Even Sam Altman, the founder of OpenAI, issued a stark warning: “The future of AI depends on an energy breakthrough.” Elon Musk was even more blunt: “AI will run out of electricity by next year.” As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity. And that’s where the real opportunity lies… One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike. As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity. The “Toll Booth” Operator of the AI Energy Boom It owns critical nuclear energy infrastructure assets , positioning it at the heart of America’s next-generation power strategy. , positioning it at the heart of America’s next-generation power strategy. It’s one of the only global companies capable ...
A survivor of the 2023 Nottingham attacks has said a similar incident could happen again without improvements to mental health services in the region. Wayne Birkett criticised the lack of changes at the Nottinghamshire healthcare NHS foundation trust, which was responsible for Valdo Calocane’s mental health care between May 2020 and September 2022, and called on the health secretary, Wes Streeting...
A survivor of the 2023 Nottingham attacks has said a similar incident could happen again without improvements to mental health services in the region. Wayne Birkett criticised the lack of changes at the Nottinghamshire healthcare NHS foundation trust, which was responsible for Valdo Calocane’s mental health care between May 2020 and September 2022, and called on the health secretary, Wes Streeting, to directly intervene. Calocane killed Barnaby Webber and Grace O’Malley-Kumar, both 19 and students, and Ian Coates, 65, a caretaker, in a frenzied attack in the early hours of 13 June 2023. After the fatal stabbings, Calocane drove a van into Birkett, Sharon Miller and Marcin Gawronski, leaving all three with severe and life-changing injuries. Calocane, who had been diagnosed with paranoid schizophrenia before the attacks, was sentenced to a hospital order in January 2024 after admitting to three counts of manslaughter on the grounds of diminished responsibility and three counts of attempted murder. A damning report by the Care Quality Commission (CQC) published in 2024 found there had been “a series of errors, omissions and misjudgments” in Calocane’s mental health care and that without action the issues would “continue to pose an inherent risk to patient and public safety”. Earlier this year the trust was told to make “significant improvements” after the CQC carried out 39 inspections between May 2024 and August 2025 and concluded five mental health services required improvement and action was needed in 10 services where there were “breaches of regulation”. Birkett, 62, who was placed in a coma after Calocane’s attack and continues to manage the impact of complex brain and physical injuries, said “nothing’s changed” since the initial report into the trust and he feared this could lead to a similar attack. “It already has happened again … Wait for another Nottingham attack I suppose, it will happen unless something is done,” he said. View image in fullscreen Ian Coates...
Why go now Leith is Edinburgh’s port district, where people, goods and new ideas have flowed into the city for centuries. Here, the Water of Leith river meets the sea, and on bright days, when pubs and restaurants spill out to the Shore area, there’s nowhere quite like it. I moved here 13 years ago, and it has been a joy to watch the area evolve and reinvent itself. Today it’s the city’s creative ...
Why go now Leith is Edinburgh’s port district, where people, goods and new ideas have flowed into the city for centuries. Here, the Water of Leith river meets the sea, and on bright days, when pubs and restaurants spill out to the Shore area, there’s nowhere quite like it. I moved here 13 years ago, and it has been a joy to watch the area evolve and reinvent itself. Today it’s the city’s creative heart, full of artists, musicians, designers and startups, with a thriving food and drink scene. The arrival of the tramline from Edinburgh city centre in 2023 has given it a big boost too. View image in fullscreen The Shore, Leith. Photograph: Robert Harding/Alamy Although the Leith immortalised in Irvine Welsh’s Trainspotting is long gone, to call it fully gentrified would be failing to pay attention. Two recent campaigns, both successful, have galvanised locals: one to stop Waterstones opening near the independent Argonaut Books; and the other to return the benches used by day-drinkers on the Kirkgate, which had been removed by the council. There’s space for both in Leith. What keeps me here is the strong, village-like community spirit, paired with the ever-changing energy of a city. One day I can get stuck into digging on the Community Croft; the next I’m immersed in art galleries, gigs and fine dining. For visitors, Leith offers a slice of real Edinburgh, with no bus tours, shops selling tartan tat, or out-of-tune bagpipes. Where to eat and drink View image in fullscreen Barry Fish restaurant opened in early 2025 Leith’s food and drink ranges from Michelin-starred restaurants to community cafes, old-men’s pubs to smart cocktail bars. Over the past few years there has been a flurry of openings that mirror the creativity of the area. “Leith has the perfect mix of old and new: places that have been here for decades, and new energy coming through,” says chef Barry Bryson. “It’s multicultural, rich and varied, and serves a community of diners, not just one demographic.” Bry...