| Plexus Announces Q3 Revenue Up 17% YoY |
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| Thursday, 24 July 2008 15:58 | |||
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NEENAH, WI – EMS provider Plexus Corp. announced third-quarter revenue of $456 million, up about 17% year-over-year. Gross profit for the period was $48.8 million, up about 21% compared to the same fiscal period in 2007. For the nine-month period ended June 28, net sales were about $1.37 billion, up nearly 18% compared to the year-ago period. Gross profit was about $156 million, up nearly 30% year-over-year. For the quarter, return on invested capital was 21%, and revenues exceeded company guidance. In a press release, president and CEO Dean Foate said, “Sequentially strong performance in our Wireline/Networking and Medical sectors offset a modest decline in our Industrial/Commercial sector and an anticipated $26 million reduction in revenue from our large unnamed defense program.” Excluding that defense program, revenue grew 7.3% sequentially. The firm expects fourth-quarter revenue between $470 million and $490 million.
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| Last Updated on Thursday, 24 July 2008 15:58 |
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These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...
These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...
