EXHIBIT 99.1
October 23, 2013

Plexus Corp. Reports Fourth Quarter Results

Fiscal fourth quarter revenue of $568 million, diluted EPS of $0.71
Initiates Q1 fiscal 2014 revenue guidance of $520 - $550 million

NEENAH, WI – October 23, 2013 - Plexus Corp. (NASDAQ: PLXS) today announced financial results for its fiscal fourth quarter ended September 28, 2013.

 
Three Months Ended
 
September 28,
 
June 29,
 
September 29,
 
2013
 
2013
 
2012
(US$ in thousands, except EPS)
Q4 F13
 
Q3 F13
 
Q4 F12
 
 
 
 
 
 
Revenue

$567,730

 

$571,945

 

$594,789

Gross profit

$54,529

 

$55,473

 

$56,244

Operating profit

$26,767

 

$25,184

 

$27,349

Net income

$24,464

 

$23,204

 

$728

Earnings per share (diluted)

$0.71

 

$0.68

 

$0.02

Net income, before special charge in 2012 and special benefit in 2013

$23,011

 

$23,204

 

$23,513

Earnings per share (diluted), before special charge in 2012 and special benefit in 2013

$0.67

 

$0.68

 

$0.66

 
 
 
 
 
 
Gross margin
9.6
%
 
9.7
%
 
9.5
%
Operating margin
4.7
%
 
4.4
%
 
4.6
%
Return on invested capital
14.0
%
 
13.2
%
 
15.5
%

Fiscal 2013 Results:
Revenue $2.23 billion, down 3.4% from prior year
Diluted EPS: $2.36, including $0.34 per share of stock-based compensation expense
Return on invested capital (ROIC): 14.0%

Q4 Fiscal 2013 Results (quarter ended September 28, 2013):
Revenue: $568 million, relative to our guidance of $545 to $575 million
Diluted EPS: $0.71 including $0.08 per share of stock-based compensation expense and $0.04 of special benefit, relative to our September 11, 2013 revised guidance of $0.66 to $0.70 (the original range was $0.60 to $0.66)
Return on invested capital (ROIC): 14.0%

Q1 Fiscal 2014 Guidance    
Revenue: $520 to $550 million


The following information was filed by Plexus Corp (PLXS) on Wednesday, October 23, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Plexus Corp's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Plexus Corp.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Log in with your credentials

or    

Forgot your details?

Create Account