---
schema_version: "secwatch.filing_event.v1"
accession: "0000785786-23-000033"
form_type: "8-K"
ticker: "PLXS"
cik: "0000785786"
company_name: "PLEXUS CORP"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:48:20.334618+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Plexus reaffirms Q3 non-GAAP guidance; GAAP EPS cut by $0.77 due to Norway arbitration charge

## Summary
- Reaffirmed Q3F23 non-GAAP guidance: revenue $1.0-$1.05B, adjusted operating margin 4.5%-5.0%, adjusted diluted EPS $1.05-$1.23.
- GAAP guidance lowered: now expects diluted EPS $0.28-$0.46 vs prior $0.57-$0.75 due to $14.4M arbitration charge.
- Additional one-time charge of $14.4M relates to adverse arbitration decision in Norway on contractual matter; company disagrees.
- Total restructuring and non-recurring charges for Q3F23 now ~$23.4M ($0.77 per diluted share impact).

## SEC filing metadata
- accession: 0000785786-23-000033
- form_type: 8-K
- ticker: PLXS
- cik: 0000785786
- company_name: PLEXUS CORP
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/785786/000078578623000033/0000785786-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/785786/000078578623000033/plxs-20230518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000785786-23-000033
- JSON: https://secwatch.observer/filing/0000785786-23-000033.json
- Plain text: https://secwatch.observer/filing/0000785786-23-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.