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NEENAH, Wis. (AP) _ Plexus Corp. (PLXS) on Wednesday reported fiscal fourth-quarter earnings of $23.9 million.
On a per-share basis, the Neenah, Wisconsin-based company said it had net income of 70 cents. Earnings, adjusted for non-recurring gains, were 69 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.
The electronic manufacturing services company posted revenue of $668.7 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $666.4 million.
For the year, the company reported profit of $94.3 million, or $2.74 per share. Revenue was reported as $2.65 billion.
For the current quarter ending in January, Plexus said it expects revenue in the range of $600 million to $625 million.
Plexus shares have declined nearly 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $39.28, a decline of nearly 2 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLXS at http://www.zacks.com/ap/PLXS
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Keywords: Plexus, Earnings Report
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