earnings
confidence high
sentiment positive
materiality 0.75
Plexus Q3 rev $1.02B, GAAP EPS $0.56, non-GAAP $1.32; Q4 guide rev $1.00-1.04B, EPS $1.18-1.36
PLEXUS CORP
2023-Q3 EPS reported
$3.51
revenue$3,265,702,000
- Revenue of $1.02B; GAAP operating margin 2.8%; GAAP diluted EPS $0.56 (includes $0.76 restructuring charges).
- Non-GAAP operating margin 5.0%; non-GAAP diluted EPS $1.32 (excluding restructuring).
- Q4 guidance: revenue $1.00-$1.04B, GAAP diluted EPS $1.18-$1.36 (includes $0.19 stock comp).
- Quarterly results include a one-time arbitration charge; restructuring charges impacted results by 220 bps.
- Stock-based compensation expense of $0.14 in Q3 results; $0.19 in Q4 guidance.