Plexus Corp (PLXS) announced a profit for its third quarter that increased from last year.
The company’s profit came in at $26.50 million, or $0.79 per share. This compares with $25.58 million, or $0.74 per share, in last year’s third quarter.
Excluding items, Plexus Corp reported adjusted earnings of $26.50 million or $0.79 per share for the period.
Analysts had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 17.4% to $726.38 million from $618.83 million last year.
Plexus Corp earnings at a glance:
-Earnings (Q3): $26.50 Mln. vs. $25.58 Mln. last year.
-EPS (Q3): $0.79 vs. $0.74 last year.
-Analysts Estimate: $0.82
-Revenue (Q3): $726.38 Mln vs. $618.83 Mln last year.
by RTTNews Staff Writer
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