Plexus Announces Fiscal Second Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Plexus (PLXS) PT Raised to $102 at Needham & Company
April 23, 2021 6:34 AM EDTNeedham & Company analyst James Ricchiuti raised the price target on Plexus (NASDAQ: PLXS) to $102.00 (from $89.00) while maintaining a Buy rating.
The analyst commented, "FQ2 revenue increased 15% y/o/y, at the midpoint of guidance, while the highest gross margins in four... More
Plexus Corp (PLXS) Tops Q2 EPS by 17c; Initiates 3Q EPS/Revenues Guidance
April 21, 2021 4:27 PM EDTPlexus Corp (NASDAQ: PLXS) reported Q2 EPS of $1.42, $0.17 better than the analyst estimate of $1.25. Revenue for the quarter came in at $881 million versus the consensus estimate of $880.97 million.
Fiscal second quarter 2021 revenue of $881 millionGAAP diluted EPS of $1.42, including $0.07 of restructuring charges and $0.22 of stock-based compensation expenseInitiates fiscal third quarter 2021 revenue guidance of $875 to $915 million with GAAP diluted EPS guidance of $1.23 to $1.38, excluding any unforeseen COVID-19 impactsTodd Kelsey, President and CEO, commented, Our robust fiscal second quarter results highlight the advantages of our unique value proposition and consistent focus on... More
