Shares of Sanmina skyrocketed 9 percent in after-hours trading Monday, after the company released mixed earnings results. The technology and manufacturing solutions service company posted earnings of 58 cents a share, missing expectations for 65 cents a share, according to a Thomson Reuters consensus estimate. The company reported revenue of $1.72 billion which beat expectations for $1.65 billion.
Advanced Energy shares surged 6 percent in extended-hours, after the company reported fourth quarter earnings that beat Wall Street expectations. Advanced Energy reported earnings of $1.01 a share on revenue of $135 million, above expectations for 81 cents a share on sales of $131 million, according to Thomson Reuters consensus estimates.
Sentiment rank: -2.2
