Welcome to our dedicated page for Plexus news (Ticker: PLXS), a resource for investors and traders seeking the latest updates and insights on Plexus stock.
The Plexus Corp (NASDAQ: PLXS) news page on Stock Titan aggregates company announcements and third-party coverage related to its operations as an electronics manufacturing services provider. Plexus regularly issues news releases from Neenah, Wisconsin detailing its financial results, earnings guidance and participation in investor conferences.
Investors following PLXS news will find quarterly earnings announcements that include revenue, operating margin, diluted earnings per share, non-GAAP performance measures, return on invested capital, free cash flow and cash cycle metrics. The company also reports on manufacturing program wins, which represent annualized revenue when fully ramped into production, and provides commentary on working capital initiatives and share repurchase activity.
Beyond financial results, Plexus news includes notices of upcoming earnings release dates and conference calls, as well as participation in events such as institutional investor conferences. These items provide context on how and when management communicates with the investment community.
News items may also reference customer partnerships that rely on Plexus’ design, supply chain, manufacturing and sustaining services capabilities, illustrating how the company supports complex products in aerospace/defense, healthcare/life sciences and industrial markets. For anyone tracking PLXS stock, this page offers a centralized view of the company’s official updates and related coverage over time.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Plexus Corp. (NASDAQ: PLXS) reported fiscal second quarter 2023 revenues of $1.07 billion, reflecting a 21% year-over-year growth. The GAAP operating margin stood at 5.3% with a GAAP diluted EPS of $1.45. For the upcoming fiscal third quarter, the company projects revenue between $1.00 billion and $1.05 billion and a GAAP EPS ranging from $0.76 to $0.94, factoring in approximately $0.29 for restructuring charges. Plexus won 31 new manufacturing programs worth $275 million in annualized revenue during the second quarter, strengthening its sales pipeline to $4.2 billion. The company generated $80 million in free cash flow, nearly double its net income. However, the guidance reflects potential supply chain challenges and semiconductor market weakness.
Plexus Corp. (NASDAQ: PLXS) announced it will release its fiscal Q2 2023 results after market close on April 26, 2023. A conference call to discuss these results will be held on April 27, 2023, at 8:30 a.m. Eastern Time. The call will be accessible via audio webcast on the company’s investor relations section of plexus.com. This event offers investors the opportunity to learn insights regarding the company's financial performance and strategic direction. A replay of the webcast will be available on-demand for 12 months following the event.