Sanmina reported a 7% year-over-year revenue increase for the quarter, with adjusted earnings per share hitting $1.67, marking a 17% gain over the same period last year. Improved operating efficiencies and cost management supported margin expansion despite moderate top-line growth.

The company is capitalizing on rising customer demand for localized production, as manufacturers shift supply chains closer to end markets. Increased orders at Sanmina’s North American facilities are boosting capacity utilization and underpinning its full-year outlook.