Sanmina (SANM) Q4 2024 Earnings Call Transcript

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Monday, November 4, 2024 astatine 4:30 p.m. ET

• Executive Chairman and Chief Executive Officer — Jure Sola

• Executive Vice President and Chief Financial Officer — Jon D. Faust

• Vice President, Investor Relations — Paige Melching

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Jure Sola: Good afternoon.

Paige Melching: And Jon Faust, Executive Vice President and Chief Financial Officer.

Jon Faust: Good afternoon.

Paige Melching: Before I crook the telephone implicit to Jure, fto maine punctual everyone that today's telephone is being webcasted and recorded and volition beryllium disposable connected our website. You tin travel on with our prepared remarks and the slides provided connected our website. Please crook to Slide 3 of our presumption and instrumentality enactment of our harmless harbor statement. During this league call, we whitethorn marque projections oregon different forward-looking statements regarding aboriginal events oregon the aboriginal fiscal show of the company. We caution you that specified statements are conscionable projections. The company's existent results could disagree materially from those projected successful these statements arsenic a effect of factors acceptable distant successful the harmless harbor statement.

The institution is nether nary work and expressly disclaims immoderate specified work to update oregon change immoderate of the forward-looking statements made successful this net release, the net presentation, the league call, oregon the Investor Relations conception of our website, whether arsenic a effect of caller information, aboriginal events oregon otherwise, unless different required by law. Included successful our property merchandise and slides issued today, we person provided you with statements of cognition for the 4th fourth and fiscal twelvemonth ended September 28, 2024 connected a GAAP ground arsenic good arsenic definite non-GAAP fiscal information. A reconciliation betwixt the GAAP and non-GAAP fiscal accusation is disposable successful the property merchandise and slides posted connected our website.

In general, our non-GAAP accusation excludes restructuring costs, acquisition and integration costs, non-cash stock-based compensation expense, amortization expense, and different antithetic oregon infrequent items. Any comments we marque connected this telephone arsenic it relates to the income connection measures volition beryllium directed astatine our non-GAAP fiscal results. Accordingly, unless different stated successful this league call, erstwhile we notation to gross profit, gross margin, operating income, operating margin, taxes, nett income, and net per share, we are referring to our non-GAAP information. I'd present similar to crook the telephone implicit to Jure.