Plexus Reports Record Revenue of $2.7 Billion and 12% Annual Growth for Fiscal 2015

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Go back to Plexus Reports Record Revenue of $2.7 Billion and 12% Annual Growth for Fiscal 2015

Needham & Company Downgrades Plexus (PLXS) to Buy

October 29, 2015 3:04 PM EDT

Needham & Company downgraded Plexus (NASDAQ: PLXS) from Strong Buy to Buy with a price target of $38.00 (from $46.00).

Analyst Sean K.F. Hannan commented, "End market headwinds in Networking and Industrial segments continue to ripple through our EMS universe as PLXS is clearly... More

Plexus Corp's (PLXS) Guidance Comes in Below Consensus; RBC Capital Cuts Price Target to $35

October 29, 2015 1:40 PM EDT

RBC Capital maintained a Sector Perform rating on Plexus (NASDAQ: PLXS), and cut the price target to $35.00 (from $41.00), following the company's 4Q15 earnings results. PLXS reported Sept-qtr rev/EPS of $669M/$0.70, which was slightly above expectations. PLXS guided Dec-qtr to $600625M/$0.410.48, which was below... More

Plexus Corp (PLXS) Tops Q4 EPS by 2c; Issues Weak Q1 Outlook

October 28, 2015 4:10 PM EDT

Plexus Corp (NASDAQ: PLXS) reported Q4 EPS of $0.70, $0.02 better than the analyst estimate of $0.68. Revenue for the quarter came in at $669 million versus the consensus estimate of $663.97 million.

Plexus Corp sees Q1 2016 EPS of $0.41-$0.48, versus the consensus of $0.69. Plexus Corp sees Q1 2016... More