Market Overview

Recap: Plexus Q3 Earnings

Share:

Shares of Plexus (NASDAQ:PLXS) fell 1.9% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 48.15% over the past year to $1.20, which beat the estimate of $0.75.

Revenue of $857,394,000 rose by 7.22% from the same period last year, which beat the estimate of $801,950,000.

Guidance

Q4 EPS expected between $1.05 and $1.20.

Q4 revenue expected to be between $850,000,000 and $890,000,000.

Technicals

Company's 52-week high was at $86.53

52-week low: $35.16

Price action over last quarter: Up 27.12%

Company Description

Plexus Corp is a U.S.-based EMS company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's manufacturing footprint of 3.2 million square feet is spread across the Americas (42%), EMEA (12%), and APAC (46%) and generated revenue of $2.4 billion, of which the Americas contributed 49%, EMEA contributed 5%, and APAC contributed 46% in 2014.

 

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Posted-In: Earnings