Sanmina soars on upbeat Q4 results

By Reuters News

** Sanmina Corp SANM.O shares rise 13.5% to $169.90 premarket

** The manufacturing solutions firm posts Q4 adj EPS of $4.43 — beating analysts' avg est of $3.27, according to data compiled by LSEG

** Sees FY27 adj EPS of $15.50-$17.50, above est of $14.07

** Results reflected broad-based demand, benefits from ZT Systems integration that bolstered SANM's cloud and AI infrastructure business

** SANM reports Q4 revenue of $3.86 bln, also beating estimates of $3.48 bln

** Three of seven brokerages rate the stock "buy" or higher and four "hold"; median PT is $223 - LSEG data

** As of last close, stock down 0.3% YTD

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