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PLXS-News
PLXS-Events
Company Sees Q1 Revenue of $1.41B-$1.46B
Sees Q1 revenue $1.41B-$1.46B, consensus $1.36B.
Plexus Q4 Revenue Reaches $1.43B Exceeding Expectations
Reports Q4 revenue $1.43B, consensus $1.36B. Todd Kelsey, CEO, said, "Plexus delivered an outstanding fiscal 2026 that exceeded expectations, achieving record revenue of $5B, representing 23% year-over-year growth, and non-GAAP operating margin of 6.2%. In addition, ROIC surpassed our 15% enduring goal, supported by exceptional working capital performance. Finally, fiscal fourth quarter revenue of $1.43B, non-GAAP operating margin of 6.7% and non-GAAP EPS of $2.84 all exceeded guidance ranges as our team effectively captured stronger end-market demand and continued to support new program ramps."
Littelfuse Appoints Todd Kelsey to Board of Directors
Littelfuse (LFUS) announced the appointment of Todd Kelsey to the company's board of directors. Kelsey was also appointed to the Compensation Committee. Kelsey is the President and Chief Executive Officer of Plexus Corp (PLXS)
Plexus Reports Q3 Revenue of $1.3B, Exceeding Expectations
Reports Q3 revenue $1.3B, consensus $1.23B. Todd Kelsey, President and Chief Executive Officer, commented, "Plexus generated record quarterly revenue in the fiscal third quarter by capturing strengthening end market demand and successfully launching numerous new programs. Fiscal third quarter revenue of $1.305 billion exceeded guidance, increasing 12% sequentially and 28% year over year. In addition, non-GAAP operating margin of 6.3% met the high end of guidance, non-GAAP EPS of $2.32 exceeded guidance and we again delivered healthy working capital efficiency."
Company Forecasts Q4 Revenue of $1.33B to $1.38B
Sees Q4 revenue $1.33B-$1.38B, consensus $1.26B. Kelsey continued, "For our fiscal fourth quarter, we forecast continued revenue growth led by strength in our Healthcare/Life Sciences and Industrial market sectors, including our semiconductor capital equipment subsector. We are guiding revenue of $1.330 to $1.380 billion, up 4% sequentially and 28% year over year at the midpoint, non-GAAP operating margin of 6.1% to 6.5% and non-GAAP EPS of $2.47 to $2.63."
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