NEENAH, Wis. (AP) — NEENAH, Wis. (AP) — Plexus Corp. (PLXS) on Wednesday reported fiscal second-quarter profit of $39.1 million.
On a per-share basis, the Neenah, Wisconsin-based company said it had net income of $1.41. Earnings, adjusted for stock option expense, came to $1.66 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share.
The electronic manufacturing services company posted revenue of $980.2 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $980.5 million.
For the current quarter ending in June, Plexus expects its per-share earnings to range from $1.65 to $1.80.
The company said it expects revenue in the range of $1 billion to $1.04 billion for the fiscal third quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLXS at https://www.zacks.com/ap/PLXS
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