Plexus Corp (PLXS) reported second-quarter fiscal 2017 adjusted earnings of 84 cents per share, which beat the Zacks Consensus Estimate of 76 cents and grew 52.7% year over year. However, revenues of $604.3 million declined 2.3% year over year and missed the Zacks Consensus Estimate of $634.3 million.
Revenues from the Communications sector (18% of total revenue) plummeted 31.2% year over year to $108 million.
Healthcare/Life Sciences (34%) revenues were up 7.9% from the year-ago quarter to $205 million.
Industrial/Commercial (32%) revenues increased 13.6% year over year to $192 million.
Defense/Security/Aerospace segment (16%) revenues fell 3.9% on a year-over-year basis to $99 million.
Plexus Corp. Price, Consensus and EPS Surprise