04:26 PM EDT, 04/29/2024 (MT Newswires) -- Sanmina ( SANM ) reported fiscal Q2 non-GAAP earnings late Monday of $1.30 per diluted share, down from $1.59 a year earlier.

Four analysts polled by Capital IQ expected $1.25.

Revenue for the quarter ended March 30 was $1.83 billion, down from $2.32 billion a year earlier.

Four analysts surveyed by Capital IQ expected $1.89 billion.

The company expects fiscal Q3 non-GAAP diluted EPS between $1.22 and $1.32 and revenue between $1.8 billion and $1.9 billion.

Three analysts polled by Capital IQ expect $1.35 and $1.97 billion.

The company's shares were falling past 9% in recent after-hours trading.

Price: 57.75, Change: -6.25, Percent Change: -9.77