earnings
confidence high
sentiment neutral
materiality 0.65
Plexus Q1 revenue $817M, GAAP EPS $0.82; appoints Frisch President/CSO, Mihm COO
PLEXUS CORP
2022-Q1 EPS reported
$0.82
revenue$841,881,000
- Revenue $817M, GAAP operating margin 3.7%, GAAP diluted EPS $0.82 ($0.22 SBC, $0.06 restructuring).
- Q2 guidance: revenue $820-860M, GAAP diluted EPS $0.76-0.92 (incl. $0.23 SBC).
- Appointed Steven Frisch as President and Chief Strategy Officer; Oliver Mihm as EVP and COO, effective immediately.
- Frisch base salary $625k, 85% VICP target; Mihm base $480k, 75% VICP.