Sanmina shares jumped 10.3% in morning trading on 10 November 2026 after the electronics manufacturing services company reported quarterly revenue of $3.86 billion, up 84% year on year, and issued full-year guidance ahead of Wall Street expectations. The results covered the fiscal fourth quarter ended 3 October 2026.

Non-GAAP diluted earnings per share were $4.43, well above the $3.27 analysts had expected and up from $1.67 a year earlier, according to StockStory. Revenue beat the $3.48 billion consensus estimate, while GAAP diluted earnings per share were $2.14. For the full fiscal year 2026, Sanmina reported revenue of $14.53 billion and non-GAAP diluted earnings per share of $13.28.

ZT Systems integration drives broad-based growth

Management credited broad-based growth across all end markets and the integration of ZT Systems, the data-centre business Sanmina acquired to expand its artificial-intelligence hardware work. The company said demand for AI-related manufacturing continued to support orders, and it projected revenue of $3.95 billion at the midpoint for the calendar fourth quarter.

The outlook for fiscal 2027 was also stronger than expected. Sanmina guided to full-year earnings per share of $15.50 to $17.50 and revenue of $17.5 billion to $19.5 billion, both above analyst estimates, MarketBeat reported. First-quarter fiscal 2027 earnings guidance of $3.50 to $3.85 per share likewise topped expectations.

Shares still well below June high

Despite the jump, Sanmina shares remain well below their 52-week high of $282.72 from June 2026, after a sharp sell-off earlier in the year. The strong quarter and raised guidance give investors a first clear sign that the ZT Systems deal is adding to earnings, but the stock will need sustained order growth to close the gap to its summer peak.