| Plexus Q1 Revenue Soars 27% YoY |
 |
 |
 |
| Thursday, 24 January 2008 06:10 | |||
|
NEENAH, WI – Plexus Corp. announced first-quarter revenue of $458 million, up 7.7% sequentially and 27% year-over-year. For the quarter, the EMS firm earned $27.3 million, up 44.7% year-over-year. The company credits improvements at its Mexico site and some $1 million in income from the shipment of previously written-down inventories. Those operations cut operating losses to $395,000 in the quarter. During the quarter, return on invested capital was 25.9% and gross margins were 12.1. Inventory days were 67, down one day, and cash cycle days were up two days to 61. The company expects second-quarter revenues between $440 million and $460 million, as a major defense contract is set to expire. President and CEO Dean Foate said, "We are cautiously optimistic that our customer forecasts and new business development efforts will support revenue growth in our target range of 15 to 18%, although we remain mindful of the potential impact of a turbulent global economy."
|
|||
| Last Updated on Thursday, 24 January 2008 06:11 |
Columns
| Semblant Warms to New Fluoropolymer Conformal Coating |
|
Months after hinting at a new conformal coating during a paper session at SMTA International, Semblant has officially launched PlasmaShield. CIRCUITS ASSEMBLY editor in chief Mike Buetow spoke with vice president of worldwide sales and marketing Steve McClure last week. |
| Read more... |
| ECTC in Las Vegas |
What happens in Las Vegas at ECTC, doesn’t stay in Las Vegas, it is shared here. This year’s ECTC, or electronics components technology conference, was held in Las Vegas’ Cosmopolitan, May 28-31. |
| Read more... |
Features
| The Impact of Reel Splicing Kits on Setup and Changeover |
Traditional feeder setup using tape-and-reel can drain time. There’s a quick and better way. |
| Read more... |
| Standard Solar Cells vs. Next-Gen Cells: Which is Winning? |
Overcapacity is stalling the rate of improvement, but only for so long. |
| Read more... |
Search
Search
Login
CB Login
Language
Language
Products
Viscom Announces SI 7.46 AOI Software Release
Software release SI 7.46 reduces AOI inspection times through improved optimization of travel paths. Integrates Library Manager to assign new inspection patterns more quickly and easily, easing use...
Software release SI 7.46 reduces AOI inspection times through improved optimization of travel paths. Integrates Library Manager to assign new inspection patterns more quickly and easily, easing use...
