Plexus: Fiscal 1Q Earnings Snapshot

Plexus: Fiscal 1Q Earnings Snapshot

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NEENAH, Wis. (AP) _ Plexus Corp. (PLXS) on Wednesday reported fiscal first-quarter net income of $22.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Neenah, Wisconsin-based company said it had profit of 69 cents. Earnings, adjusted for non-recurring costs, were 91 cents per share.

The electronic manufacturing services company posted revenue of $765.5 million in the period.

For the current quarter ending in April, Plexus said it expects revenue in the range of $760 million to $800 million.

Plexus shares have climbed slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $54.84, a decrease of 14 percent in the last 12 months.

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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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