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Plexus Corp (PLXS.OQ)

PLXS.OQ on NASDAQ Stock Exchange Global Select Market

53.68USD
4:00pm EDT
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$-1.28 (-2.33%)
Prev Close
$54.96
Open
$54.56
Day's High
$55.09
Day's Low
$53.61
Volume
55,764
Avg. Vol
82,983
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$66.95
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$48.19

Latest Key Developments (Source: Significant Developments)

Plexus Corp Entered Into Credit Agreement Related To Five-Year Senior Unsecured Revolving Credit Facility
Wednesday, 15 May 2019 05:09pm EDT 

May 15 (Reuters) - Plexus Corp ::PLEXUS CORP - ENTERED INTO A CREDIT AGREEMENT RELATED TO A FIVE-YEAR SENIOR UNSECURED REVOLVING CREDIT FACILITY THAT TERMINATES ON MAY 15, 2024.PLEXUS CORP - NEW CREDIT FACILITY IS BEING USED TO REFINANCE COMPANY'S EXISTING $300 MILLION SENIOR UNSECURED CREDIT FACILITY.PLEXUS CORP - MAXIMUM COMMITMENT UNDER NEW CREDIT FACILITY IS $350 MILLION AND MAY POTENTIALLY BE INCREASED BY UP TO $250 MILLION TO $600 MILLION.  Full Article

Plexus Reports Q2 GAAP Earnings Per Share $0.79
Wednesday, 17 Apr 2019 04:16pm EDT 

April 17 (Reuters) - Plexus Corp ::PLEXUS ANNOUNCES FISCAL SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 GAAP EARNINGS PER SHARE $0.79.Q2 EARNINGS PER SHARE ESTIMATE $0.84 -- REFINITIV IBES DATA.SEES Q3 2019 GAAP EARNINGS PER SHARE $0.76 TO $0.86.SEES Q3 2019 REVENUE $760 MILLION TO $800 MILLION.Q2 REVENUE $789 MILLION VERSUS REFINITIV IBES ESTIMATE OF $779 MILLION.QTRLY ADJUSTED DILUTED EARNINGS PER SHARE $0.79.SINCE ENACTMENT OF U.S. TAX REFORM LAST YEAR, HAVE BROUGHT BACK CLOSE TO $480 MILLION.RECONFIRMING FULL FISCAL YEAR EXPECTATION FOR FREE CASH FLOW IN RANGE OF $40 TO $60 MILLION.Q3 EARNINGS PER SHARE VIEW $0.93, REVENUE VIEW $796.7 MILLION -- REFINITIV IBES DATA.  Full Article

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