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Plexus Corp - PLXS STOCK NEWS

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.

Plexus Corp (PLXS) delivers specialized electronic manufacturing services and product realization solutions for complex, regulated industries. This news hub provides investors and professionals with timely updates on corporate developments, financial performance, and operational milestones.

Access official press releases covering quarterly earnings, strategic partnerships, and technology innovations, alongside analysis of regulatory compliance achievements in healthcare and defense sectors. Our curated collection simplifies tracking PLXS's progress in managing intricate product lifecycles across global markets.

Discover updates about engineering design advancements, manufacturing capacity expansions, and supply chain optimizations. Content is organized to help stakeholders monitor the company's performance in networking/communications and industrial/commercial markets while maintaining awareness of quality control initiatives.

Bookmark this page for streamlined access to Plexus Corp's latest announcements, ensuring you stay informed about their customer-centric solutions in high-complexity manufacturing environments.

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Plexus Corp. (NASDAQ: PLXS) will release its fiscal first quarter 2023 results on January 25, 2023, after market close. A conference call to discuss the results will take place on January 26, 2023, at 8:30 a.m. Eastern Time. Investors can access an audio webcast of the call and accompanying slides on Plexus' investor relations page at plexus.com. The replay of the webcast will be available for on-demand viewing for 12 months post-event.

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Plexus Corp. (NASDAQ: PLXS) announced its participation as a founding member of the Semiconductor Climate Consortium (SCC), aimed at reducing greenhouse gas emissions in the semiconductor sector. Supported by SEMI, the SCC is focused on collaboration and transparency among industry leaders to meet sustainability goals aligned with the Paris Agreement. Plexus emphasizes its commitment to supporting customers in sustainable manufacturing practices, further advancing its ESG initiatives. The company continues to strive for excellence in product lifecycle management, addressing complex supply chains, and fostering innovation.

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Plexus Corp. (PLXS) reported record fiscal fourth quarter 2022 revenue of $1.12 billion, marking a 33% year-over-year growth. The GAAP operating margin was 5.5%, and GAAP diluted EPS was $1.78. For fiscal 2022, total revenue reached $3.81 billion with a GAAP diluted EPS of $4.86. The company initiated guidance for fiscal Q1 2023 with expected revenue between $1.08 to $1.13 billion and GAAP diluted EPS of $1.40 to $1.58. Plexus secured 32 manufacturing programs, representing $214 million in annualized revenue.

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Plexus Corp. (NASDAQ: PLXS) will announce its fiscal Q4 2022 results after the market closes on October 26, 2022. Management will host a conference call on October 27 at 8:30 a.m. ET to discuss the financial outcomes. Investors can access the live webcast and slides on the company's investor relations webpage. A replay of the call will be available on-demand for 12 months post-event. This call is anticipated to provide insights into Plexus’ performance within complex product industries.

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Plexus Corp. (NASDAQ: PLXS) reported record fiscal Q3 revenue of $981 million, a 21% year-over-year growth. GAAP operating margin was 5.1%, with diluted EPS of $1.33, exceeding guidance. For Q4, the company projects revenue between $980 million and $1.020 billion, with EPS expected between $1.19 and $1.35. Plexus won 47 manufacturing programs worth $201 million in annualized revenue. Despite challenges in supply chains, the company aims for sustainable growth in key sectors like commercial space and healthcare.

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Plexus Corp. (NASDAQ: PLXS) announced its fiscal third quarter 2022 results will be released on July 27, 2022. A conference call is scheduled for July 28 at 8:30 a.m. ET to discuss these results. Interested participants can access an audio webcast on the company's investor relations website. The archived version will be available for 12 months for on-demand viewing.

Plexus continues to provide design, development, and supply chain solutions, serving industries with complex products and regulatory requirements.

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Plexus (NASDAQ: PLXS) will participate in the Stifel Cross Sector Insight Conference on June 7, 2022. A fireside chat with the management team is scheduled for 3:00 p.m. Eastern Time, accessible via live webcast. Interested participants can join the event through the provided link.

The webcast will be available for replay for 90 days post-event. Plexus, founded in 1979, specializes in product realization and serves various industries with complex products.

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Plexus Corp. (NASDAQ: PLXS) reported fiscal Q2 2022 revenue of $889 million, surpassing guidance, with a GAAP operating margin of 4.0% and GAAP diluted EPS of $0.95. For Q3 2022, the company expects revenue of $885-$925 million and EPS of $1.02-$1.18. Strong demand led to 38 new manufacturing programs, totaling $313 million in annualized revenue. Free cash flow reached $53 million, doubling net income.

Despite supply chain challenges, Plexus anticipates further growth and an improved operating margin in the upcoming quarter.

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Plexus Corp. (NASDAQ: PLXS) will release its fiscal Q2 2022 results after market close on April 27, 2022. Management will host a conference call on April 28 at 8:30 a.m. ET to discuss the results. Participants can join the call via the Plexus investor relations website or by calling +1.866.922.5180 with passcode 5067109. The webcast will be archived for later access. Plexus specializes in providing Design and Development, Supply Chain Solutions, and Manufacturing services, catering to industries with complex and regulated products.

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Plexus Corp. (NASDAQ: PLXS) has confirmed its fiscal Q2 revenue guidance between $820 million and $860 million, with a GAAP operating margin ranging from 3.6% to 4.0% and GAAP EPS projected at $0.76 to $0.92 as previously announced on January 26, 2022. The company is set to participate in a webcast fireside chat today at 4:00 p.m. ET during the Raymond James 43rd Annual Institutional Investors Conference in Orlando, Florida.

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Nasdaq:PLXS

PLXS Rankings

PLXS Stock Data

3.32B
26.54M
1.78%
101.18%
2.35%
Electronic Components
Printed Circuit Boards
Link
United States
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