plexuslogoa15.jpg
Plexus Announces Fiscal Second Quarter 2018 Financial Results
Record quarterly revenue of $699 million during the fiscal second quarter of 2018
GAAP diluted EPS of $0.36; non-GAAP adjusted diluted EPS of $0.74, excluding $0.38 per share related to the previously announced one-time bonus paid to full-time, non-executive employees
Initiates fiscal third quarter 2018 revenue guidance of $700 to $740 million with GAAP diluted EPS of $0.76 to $0.86

NEENAH, WI – April 25, 2018 - Plexus (NASDAQ: PLXS) today announced financial results for its fiscal
second quarter ended March 31, 2018, and guidance for its fiscal third quarter ending June 30, 2018.
 
 
Three Months Ended
 
 
Mar 31, 2018
 
Mar 31, 2018
 
June 30, 2018
 
 
Q2F18 Results
 
Q2F18 Guidance (1)
 
Q3F18 Guidance
Summary GAAP Items
 
 
 
 
 
Revenue (in millions)
$699
 
$670 to $710
 
$700 to $740
Operating margin
2.5
%
 
4.3% to 4.7%
 
4.6% to 5.0%
Diluted earnings per share (2)
$0.36
 
$0.68 to $0.78
 
$0.76 to $0.86
 
 
 
 
 
 
 
Summary Non-GAAP Items (3)
 
 
 
 
 
Adjusted operating margin
4.4
%
 
 
 
 
Adjusted diluted EPS
$0.74
 
 
 
 
Return on invested capital (ROIC)
15.6
%
 
 
 
 
Economic Return
6.1
%
 
 
 
 
 
 
 
 
 
 
 
(1)
Q2F18 guidance did not reflect Plexus' subsequent decision to pay the one-time, non-executive employee bonus, which, as noted above, had an impact of $0.38 per share; see Non-GAAP Supplemental Information and related tables for additional detail.
(2)
Includes stock-based compensation expense of $0.13 for both Q2F18 results and Q3F18 guidance.
(3)
Refer to Non-GAAP Supplemental Information in Tables 1 and 2 for non-GAAP financial measures and a reconciliation to GAAP. Adjusted gross margin, adjusted operating margin and adjusted diluted EPS for the three months ended March 31, 2018, exclude the impact of the one-time non-executive employee bonus.
Fiscal Second Quarter 2018 Information
Won 41 manufacturing programs during the quarter representing approximately $255 million in annualized revenue when fully ramped into production
Trailing four quarter manufacturing wins total approximately $847 million in annualized revenue when fully ramped into production
Purchased $31.6 million of our shares at an average price of $61.63 per share under our existing share repurchase program







1

The following information was filed by Plexus Corp (PLXS) on Wednesday, April 25, 2018 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter 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-Q Quarterly 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