Plexus: Q1 Earnings Insights

Shares of Plexus PLXS moved higher by 3.24% in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 23.00% over the past year to $1.23, which beat the estimate of $1.09.

Revenue of $830,355,000 decreased by 2.59% from the same period last year, which missed the estimate of $832,120,000.

Outlook

Plexus Sees Q2 GAAP EPS $1.17-$1.32, Sales $860M-$900M vs $834.6M Estimate

Price Action

52-week high: $86.87

Company's 52-week low was at $35.16

Price action over last quarter: Up 23.38%

Company Overview

Plexus Corp is a U.S based Electronic Manufacturing Services 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 operating segments comprise of AMER, APAC and EMEA.