Plexus Announces Fiscal Third Quarter Financial Results
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Plexus Corp (PLXS) Tops Q3 EPS by 45c, Revenues Beat; Offers 4Q EPS/Revenue Guidance Above Consensus
July 22, 2020 4:21 PM EDTPlexus Corp (NASDAQ: PLXS) reported Q3 EPS of $1.20, $0.45 better than the analyst estimate of $0.75. Revenue for the quarter came in at $857 million versus the consensus estimate of $801.95 million.
Record quarterly revenue of $857 million for the fiscal third quarter of 2020GAAP diluted EPS of $1.20Initiates fiscal fourth quarter 2020 revenue guidance of $850 to $890 million with GAAP diluted EPS guidance of $1.05 to $1.20, excluding unforeseen impacts relating to COVID-19Fiscal Third Quarter 2020 Information
Won 35 manufacturing programs during the quarter representing an expected $252 million in annualized revenue when fully ramped into... More