Why manufacture Is Trending Today?

Sanmina, a leading electronics manufacturing services provider, has announced its financial results for the second quarter of 2022. The company reported revenue of $2.1 billion, up 11% year-over-year, driven by strong demand across its end markets. Sanmina's earnings per share came in at $0.75, beating analysts' expectations. The company also provided guidance for the third quarter, expecting revenue to be in the range of $2.15 billion to $2.25 billion.