Michael J. Loparco
On March 10, 2025, the Board of Directors of Sanmina Corporation (the “Company”) appointed Michael J. Loparco, 53, as a member of the Board of Directors of the Company.
Highest-materiality recent filing
Sanmina Q2 FY2026 revenue $4.01B, GAAP EPS $1.70, non-GAAP EPS $3.16; authorizes $600M buyback
Revenue $4.01B; GAAP operating margin 3.9%, non-GAAP operating margin 6.4%.
Sanmina stockholders approve 1.2M share increase to 2019 Plan; defeat independent chairman proposal
Equity plan amendment approved: 46.5M for, 1.9M against; additional 1.2M shares reserved.
Sanmina Q1 FY2026: Revenue $3.19B, Non-GAAP EPS $2.38, FCF $92M
Revenue $3.19B, GAAP diluted EPS $0.89, non-GAAP diluted EPS $2.38.
Sanmina files financial statements for acquired ZT Group: FY2025 revenue $10.9B, net income $907M
ZT Group FY2025 (Jul 31) net sales $10.9B, net income $907M; FY2024 net sales $12.5B, net income $1.06B.
Sanmina Compensation Committee approves FY2026 bonus plan with revenue, margin, cash flow targets
FY2026 bonus plan targets: revenue, non-GAAP operating margin, cash flow from operations.
Sanmina Q4 revenue $2.1B, GAAP EPS $0.88, non-GAAP EPS $1.67; FY revenue $8.1B
Q4 GAAP operating margin 3.7%, non-GAAP 6.0%; Q4 GAAP diluted EPS $0.88, non-GAAP $1.67.
Sanmina completes $2.55B acquisition of ZT Systems from AMD; funds with $2.2B in new debt
Total consideration: $2.4B cash + 1,151,052 Sanmina shares (~$150M) + up to $450M contingent earn-out.
Sanmina completes acquisition of ZT Systems data center infrastructure business from AMD
Acquisition closed on October 27, 2025, ahead of previous May 18, 2025 agreement schedule.
Sanmina enters $3.5B credit agreement to finance ZT Group acquisition
Credit facilities consist of $1.5B revolver and $2.0B term loan A, with initial funding contingent on closing ZT Acquisition.
Sanmina reports Q3 FY2025 revenue $2.04B, GAAP EPS $1.26, non-GAAP EPS $1.53
Revenue $2.04B; GAAP operating margin 4.7%; GAAP diluted EPS $1.26.
Sanmina amends bylaws to lower special meeting threshold to 25% from 50%
Reduced ownership threshold to call a special meeting from 50% to 25% of voting power; effective June 19, 2025.
Sanmina acquires ZT Systems manufacturing from AMD for $2.55B cash/equity plus $450M contingent
Purchase price: $2.25B cash at target NAV, $300M premium (50% cash/50% equity), plus up to $450M contingent consideration.
Sanmina Q2 FY2025 revenue $1.98B, GAAP EPS $1.16, non-GAAP EPS $1.41
GAAP operating margin 4.6%; non-GAAP operating margin 5.6%.
Sanmina appoints Michael J. Loparco to Board; shareholders authorize 1M new shares for equity plan
Michael J. Loparco appointed to Sanmina Board, effective March 10, 2025; previously CEO of Symbotic and 20+ years at Jabil.
Sanmina reports Q1 fiscal 2025 revenue of $2.01B, GAAP EPS $1.16, non-GAAP EPS $1.44
Revenue $2.01B; GAAP diluted EPS $1.16; non-GAAP diluted EPS $1.44.
Sanmina approves FY2025 bonus plan with revenue, margin, and cash flow targets
Compensation Committee approved FY2025 Corporate Bonus Plan on Dec 9, 2024.
Sanmina accelerates CAO transition; Venkatesh succeeds Billinger on Dec 2, 2024
Brent Billinger, SVP and Controller, to retire effective January 3, 2025.
Sanmina Q4 revenue $2.02B, non-GAAP EPS $1.43; FY rev $7.57B, non-GAAP EPS $5.28
Q4 revenue $2.02B, GAAP EPS $1.09, non-GAAP EPS $1.43; GAAP op margin 4.4%, non-GAAP 5.3%.
Sanmina amends bylaws, raising special meeting threshold to 50% voting power
Board approved amended and restated bylaws effective October 23, 2024.
Sanmina Q3 FY2024 revenue $1.84B; GAAP EPS $0.91, non-GAAP EPS $1.25
Revenue $1.84B; GAAP operating margin 4.5%, non-GAAP operating margin 5.3%.
Sanmina sets annual advisory vote on executive compensation per stockholder preference
Compensation Committee on June 10, 2024, determined future say-on-pay votes will be held annually.
Sanmina SVP & Controller Brent Billinger to retire Jan 3, 2025; Venkatesh named successor
Brent Billinger, Senior Vice President and Controller, plans to retire effective January 3, 2025.
Sanmina Q2 FY2024 revenue $1.83B; GAAP EPS $0.93, non-GAAP EPS $1.30
Revenue $1.83B; GAAP operating margin 4.1%; GAAP diluted EPS $0.93.
On March 10, 2025, the Board of Directors of Sanmina Corporation (the “Company”) appointed Michael J. Loparco, 53, as a member of the Board of Directors of the Company.
Brent Billinger, Senior Vice President and Controller of Sanmina Corporation (the "Company") notified the Company of his plan to retire effective January 3, 2025.
Mr. Venkatesh will now succeed Mr. Billinger as Senior Vice President, Global Controller and Chief Accounting Officer of the Company, effective December 2, 2024.
The Company plans to appoint Vishnu Gangaswamy Venkatesh, currently Senior Vice President, Finance Transformation, as Senior Vice President, Global Controller and Chief Accounting Officer of the Company, effective upon Mr. Billinger’s retirement.
On May 28, 2024, Brent Billinger, Senior Vice President and Controller of Sanmina Corporation (the “Company”) notified the Company of his plan to retire, effective January 3, 2025.
Max materiality 0.95 · Median 0.55 · Most common event earnings