Plexus Announces Fiscal First Quarter Financial Results

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Plexus Corp (PLXS) Tops Q1 EPS by 7c, Revenues Beat; Initiates Q2 EPS/Revenue Guidance

January 22, 2020 4:17 PM EST

Plexus Corp (NASDAQ: PLXS) reported Q1 EPS of $1.00, $0.07 better than the analyst estimate of $0.93. Revenue for the quarter came in at $852 million versus the consensus estimate of $803.38 million.

Record quarterly revenue of $852 million during the fiscal first quarter of 2020GAAP diluted EPS of $1.03Non-GAAP adjusted diluted EPS of $1.00, excluding a net benefit of $0.03 per share related to special tax itemsInitiates fiscal second quarter 2020 revenue guidance of $790 to $830 million with GAAP diluted EPS of $0.80 to $0.90, excluding any non-recurring charges

Fiscal First Quarter 2020 Information

Won 30 manufacturing programs during the quarter, representing... More