)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Sanmina (SANM) investor relations material
Sanmina UBS’s 2025 Global Technology and AI Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.UBS’s 2025 Global Technology and AI Conference summary3 Dec, 2025
Strategic transformation and acquisition
Recent acquisition of ZT Systems positions the company as a leader in North American AI manufacturing, expanding capabilities from subsystems to full systems and deepening ties to the data center AI market.
The ZT deal was a strategic move, providing both capacity and advanced technology, and is expected to drive significant growth and transformation over the next two years.
The partnership with AMD is fully integrated for AMD products, but the company retains the ability to work with other partners in the AI ecosystem.
The company aims to be a primary supplier for critical customers, leveraging its reputation for quality, flexibility, and execution.
Focus remains on diversification across industrial, medical, defense, communication, and cloud markets.
Financial outlook and growth targets
Operating margin guidance for the legacy business is 5.6%-6.1% in the near term, with a long-term target of 6%-7% as complexity and value-add increase.
The ZT business is expected to deliver margins similar to the legacy business, with potential for higher margins on more complex products.
Core legacy business is projected to grow at high single digits (6%-10%), while the AI/data center segment could double company size in two years.
Revenue run rate for ZT Systems is currently $5.5-6 billion (annualized), with upside potential as integration progresses.
EPS is expected to grow at least 50% year-over-year, with more details to be provided in January.
Competitive positioning and customer relationships
The company’s vertically integrated model and engineering depth provide a competitive edge over both global and local EMS/ODM competitors.
Long-standing customer relationships (20-25 years) are built on transparency, trust, and execution.
Execution and results for key customers, especially hyperscalers, are prioritized over short-term business wins.
The company is not chasing low-margin business and focuses on sustainable, profitable growth.
Value creation is driven by delivering high-quality, complex solutions with reliable time-to-market.
ZT Systems' current and future margin profile
How Sanmina differentiates in AI manufacturing
Supply chain constraints impact on growth targets
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Sanmina earnings date
Q1 202626 Jan, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Sanmina Corporation provides end-to-end design, manufacturing, and logistics services to original equipment manufacturers. Its offerings include printed circuit board fabrication, mechanical systems assembly, and product integration across communications, medical, industrial, and defense sectors. The company is headquartered in San Jose, California, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage