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Plexus Holding
LSE POS.L 10,18 GBX -51,55%
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Plexus beats 1Q profit forecasts

Publié le 18 janvier 2017

NEENAH, Wis. (AP) _ Plexus Corp. (PLXS) on Wednesday reported fiscal first-quarter net income of $28.2 million.

The Neenah, Wisconsin-based company said it had net income of 82 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The electronic manufacturing services company posted revenue of $635 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $649.2 million.

For the current quarter ending in April, Plexus said it expects revenue in the range of $620 million to $650 million.

Plexus shares have fallen 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $53.40, a climb of 81 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 https://www.zacks.com/ap/PLXS

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Keywords: Plexus, Earnings Report

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