Sanmina +11% AH on FQ3 beat, strong guidance

• Sanmina (NASDAQ:SANM) expects FQ4 revenue of $1.6B-$1.65B and EPS of $0.50-$0.55, largely above a consensus of $1.58B and $0.51.
• CEO Jure Sola: "Each of our end-market segments grew on a sequential basis, with notable performance from our industrial, medical and defense segment."
• Gross margin +20 bps Y/Y to 7.9%. SG&A spend +1% to $63M, R&D +16% to $7.8M. $6M was spent on buybacks.
• FQ3 results, PR