Plexus Fiscal Q3 Adjusted Earnings, Revenue Rise; Issues Q4 Guidance

MT Newswires Live07-30

Plexus (PLXS) reported fiscal Q3 adjusted earnings Wednesday of $2.32 per diluted share, up from $1.90 a year earlier.

Analysts polled by FactSet expected $2.13.

Revenue for the quarter ended July 4 was $1.30 billion, compared with $1.02 billion a year earlier.

Analysts expected $1.23 billion.

For fiscal Q4, the company said it expects adjusted EPS in the range of $2.47 to $2.63 on revenue of $1.33 billion to $1.38 billion. Analysts expected adjusted EPS of $2.25 and revenue of $1.26 billion.

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