Jul. 29 at 8:51 PM
$PLXS Plexus reports Q3 adjusted EPS
$2.32, consensus
$2.14
Reports Q3 revenue
$1.3B, consensus
$1.23B. Todd Kelsey, President and Chief Executive Officer, commented, "Plexus generated record quarterly revenue in the fiscal third quarter by capturing strengthening end market demand and successfully launching numerous new programs. Fiscal third quarter revenue of
$1.305 billion exceeded guidance, increasing 12% sequentially and 28% year over year. In addition, non-GAAP operating margin of 6.3% met the high end of guidance, non-GAAP EPS of
$2.32 exceeded guidance and we again delivered healthy working capital efficiency."
