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Plexus Corp (PLXS.OQ)

PLXS.OQ on NASDAQ Stock Exchange Global Select Market

60.17USD
21 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Plexus Announces Revised Capital Allocation Plan
Tuesday, 20 Feb 2018 08:00am EST 

Feb 20 (Reuters) - Plexus Corp ::PLEXUS ANNOUNCES REVISED CAPITAL ALLOCATION PLAN AND EMPLOYEE BONUS.PLEXUS CORP - U.S. TAX REFORM WILL ENABLE IT TO TAX-EFFICIENTLY REPATRIATE APPROXIMATELY $500 MILLION OF OFFSHORE CASH INTO UNITED STATES.PLEXUS CORP - EXPECTS TO PAY DOWN ITS EXISTING DEBT BALANCE HELD UNDER ITS REVOLVING CREDIT FACILITY.PLEXUS CORP - INTENDS TO ACCELERATE REPURCHASES UNDER 2016 SHARE REPURCHASE PLAN.PLEXUS CORP - INTENDS TO COMPLETE REMAINING $106 MILLION OF AUTHORIZED PURCHASES IN FISCAL 2018 THROUGH OPEN MARKET PURCHASES.PLEXUS CORP - HAS APPROVED A NEW SHARE REPURCHASE AUTHORIZATION, COMMENCING UPON COMPLETION OF 2016 SHARE REPURCHASE PLAN, IN AMOUNT OF $200 MILLION.PLEXUS CORP - WILL PROVIDE EXISTING, FULL-TIME, NON-EXECUTIVE EMPLOYEES A ONE-TIME CASH BONUS.PLEXUS CORP - ONE-TIME BONUS WILL BE PROVIDED IN FISCAL Q2 TO NEARLY 16,000 EMPLOYEES, TOTALING ABOUT $13 MILLION.  Full Article

Plexus Q1 GAAP Loss Per Share $2.93
Wednesday, 17 Jan 2018 04:15pm EST 

Jan 17 (Reuters) - Plexus Corp ::PLEXUS ANNOUNCES FISCAL FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.75 EXCLUDING ITEMS.Q1 GAAP LOSS PER SHARE $2.93.Q1 REVENUE $677 MILLION VERSUS I/B/E/S VIEW $685.1 MILLION.Q1 EARNINGS PER SHARE VIEW $0.81 -- THOMSON REUTERS I/B/E/S.SEES Q2 2018 REVENUE $670 MILLION TO $710 MILLION.SEES Q1 2018 NON-GAAP EARNINGS PER SHARE $0.75.SEES Q2 2018 GAAP EARNINGS PER SHARE $0.68 TO $0.78.Q2 EARNINGS PER SHARE VIEW $0.82, REVENUE VIEW $693.6 MILLION -- THOMSON REUTERS I/B/E/S.- IN QUARTER, $3.59 PER SHARE OF TAX EXPENSE DUE TO ESTIMATED IMPACT OF U.S. TAX CUTS & JOBS ACT.- Q2 2018 GUIDANCE EXCLUDES ANY ADDITIONAL IMPACT RELATED TO U.S. TAX REFORM.- PROJECT FREE CASH FLOW FOR FISCAL 2018 TO EXCEED $100 MILLION.- ANTICIPATE CONTINUED SEQUENTIAL REVENUE GROWTH.- EXPECT MARGINS TO BE UNDER PRESSURE IN CURRENT QUARTER DUE TO MULTIPLE PROGRAM RAMPS AND SEASONAL PAYROLL HEADWINDS.  Full Article

Plexus reports Q4 GAAP earnings $0.84/shr
Wednesday, 25 Oct 2017 04:02pm EDT 

Oct 25 (Reuters) - Plexus Corp :Plexus announces fiscal fourth quarter and fiscal year 2017 financial results.Q4 GAAP earnings per share $0.84.Q4 revenue $670 million versus I/B/E/S view $677 million.Q4 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Sees Q1 2018 GAAP earnings per share $0.75 to $0.85.Sees Q1 2018 revenue $665 million to $705 million.Q1 earnings per share view $0.82, revenue view $677.7 million -- Thomson Reuters I/B/E/S.  Full Article

Plexus announces Q3 GAAP earnings per share $0.74
Wednesday, 19 Jul 2017 04:02pm EDT 

July 19 (Reuters) - Plexus Corp :Plexus announces fiscal third quarter 2017 financial results.Q3 GAAP earnings per share $0.74.Q3 revenue $619 million versus I/B/E/S view $608.8 million.Q3 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.Sees Q4 2017 GAAP earnings per share $0.77 to $0.87.Sees Q4 2017 revenue $660 million to $700 million.Q4 earnings per share view $0.84, revenue view $674.8 million -- Thomson Reuters I/B/E/S.  Full Article

Plexus reports Q2 gaap earnings per share $0.84
Wednesday, 19 Apr 2017 04:02pm EDT 

April 19 (Reuters) - Plexus Corp -:Plexus announces fiscal second quarter 2017 financial results.Q2 gaap earnings per share $0.84.Q2 revenue $604 million versus i/b/e/s view $634 million.Q2 earnings per share view $0.76 -- Thomson Reuters I/B/E/S.Sees q3 2017 gaap earnings per share $0.68 to $0.76.Sees q3 2017 revenue $595 million to $625 million.Plexus Corp- guiding gaap operating margin in range of 4.8% to 5.2% for fiscal q3.Plexus Corp- through first six months of fiscal 2017, we have exceeded our cash flow expectations by delivering more than $90 million in free cash flow.Q3 earnings per share view $0.84, revenue view $688.3 million -- Thomson Reuters I/B/E/S.  Full Article

Plexus reports Q1 earnings per share $0.82
Wednesday, 18 Jan 2017 04:02pm EST 

Plexus Corp - : Plexus announces fiscal first quarter 2017 financial results . Q1 gaap earnings per share $0.82 . Q1 revenue $635 million versus I/B/E/S view $634.4 million . Q1 earnings per share view $0.77 -- Thomson Reuters I/B/E/S . Sees Q2 2017 gaap earnings per share $0.71 to $0.79 . Sees Q2 2017 revenue $620 million to $650 million . Q2 earnings per share view $0.75, revenue view $658.5 million -- Thomson Reuters I/B/E/S .In Q2, underlying revenue growth is expected to be offset by end-market weakness within communications market among other things.  Full Article

Plexus Q3 GAAP earnings per share $0.76
Wednesday, 20 Jul 2016 04:02pm EDT 

Plexus Corp : Plexus announces fiscal third quarter 2016 financial results . Q3 revenue $668 million versus i/b/e/s view $655.4 million . Sees q4 2016 non-gaap earnings per share $0.76 to $0.84 excluding items . Sees q4 2016 revenue $655 million to $685 million . Q3 gaap earnings per share $0.76 . Q3 earnings per share view $0.77 -- Thomson Reuters I/B/E/S . For fiscal q4 of 2016, we are guiding revenue of $655 million to $685 million . Expects diluted eps in range of $0.76 to $0.84 for fiscal q4, before any restructuring or special items .Q4 earnings per share view $0.79, revenue view $675.8 million -- Thomson Reuters I/B/E/S.  Full Article

Plexus entered into amendment No. 2 to credit agreement on July 5
Monday, 11 Jul 2016 05:01pm EDT 

Plexus Corp : On July 5, 2016, Plexus Corp entered into amendment no. 2 to company's credit agreement, dated as may 15, 2012 - SEC filing . Credit facility, as amended, may potentially be increased by up to $200 million to $500 million . In addition, amendment extends termination date of credit facility from may 15, 2019 to july 5, 2021 .Amendment extends the termination date of the credit facility from may 15, 2019 to july 5, 2021.  Full Article

Plexus Corp announces Todd Kelsey to succeed Dean Foate as Chief Executive Officer
Wednesday, 20 Apr 2016 04:02pm EDT 

Plexus Corp:Dean Foate's intention to retire as President and Chief Executive Officer at the end of Plexus' fiscal year 2016.As part of Plexus' succession planning process, Plexus' Executive Vice President and Chief Operating Officer, Todd Kelsey, will become President and Chief Executive Officer on October 2, 2016.  Full Article

BRIEF-Plexus Corp Reports Q1 GAAP Loss Of $2.93 Per Share

* PLEXUS ANNOUNCES FISCAL FIRST QUARTER 2018 FINANCIAL RESULTS