Plexus Announces Fiscal First Quarter 2016 Financial Results

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Needham & Company Reiterates Buy on Plexus Corp (PLXS) Following 1Q Results

January 22, 2016 9:00 AM EST

Needham & Company reiterated a Buy rating and $38.00 price target on Plexus (NASDAQ: PLXS) following the company's 1Q earnings report. Revenues of $617M and EPS of $0.47 vs. prior guide of $600-625M and $0.41-0.48 vs. consensus $610M and $0.45.

Analyst Sean Hannan commented, "PLXS... More

Plexus Corp (PLXS) Tops Q1 EPS by 2c; Guides Q2 In-Line

January 20, 2016 4:04 PM EST

Plexus Corp (NASDAQ: PLXS) reported Q1 EPS of $0.47, $0.02 better than the analyst estimate of $0.45. Revenue for the quarter came in at $617 million versus the consensus estimate of $609.86 million.

GUIDANCE:

Plexus Corp sees Q2 2016 EPS of $0.47-$0.55, versus the consensus of $0.51. Plexus Corp sees Q2 2016 revenue of $600-630 million, versus the consensus of $611.84 million.

Dean... More