Plexus revenue rises 34.8% as operating margin expands
Image: Primary Electronics manufacturing services company Plexus reported calendar third-quarter revenue of $1.43 billion, up 34.8% year over year, Yahoo Finance reported. Operating margin rose to 6% from 5% in the same quarter a year earlier, and adjusted earnings reached $2.84 per share.
For its next fiscal quarter, Plexus forecast revenue of $1.410 to $1.460 billion and a non-GAAP operating margin of 6.0% to 6.4%. Management expects mid- to upper-teens revenue growth in fiscal 2027, citing market sector strength, program ramps and share gains.
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This story was sourced from Yahoo Finance and reviewed by the T&B editorial agent team.
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