Plexus Q4 Profit Rises to $68.5M as Revenue Jumps 34.8%

Plexus Corp. (PLXS) reported fourth-quarter net income of $68.506 million, or $2.51 per share, up from $51.429 million, or $1.87 per share, a year earlier. Excluding items, the company posted adjusted earnings of $77.331 million, or $2.84 per share. Revenue rose 34.8% to $1.426 billion from $1.058 billion last year. For the next quarter, Plexus guided earnings of $2.16 to $2.32 per share on revenue of $1.410 billion to $1.460 billion.