Plexus: Fiscal Q3 Earnings Snapshot

NEENAH, Wis. (AP) — NEENAH, Wis. (AP) — Plexus Corp. (PLXS) on Wednesday reported fiscal third-quarter net income of $45.1 million.

On a per-share basis, the Neenah, Wisconsin-based company said it had profit of $1.64. Earnings, adjusted for stock option expense, came to $1.90 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share.

The electronic manufacturing services company posted revenue of $1.02 billion in the period, matching Street forecasts.

For the current quarter ending in September, Plexus expects its per-share earnings to range from $1.82 to $1.97.

The company said it expects revenue in the range of $1.02 billion to $1.07 billion for the fiscal fourth quarter.

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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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