Plexus Corp. (PLXS) reported that its fourth-quarter net income decreased to $15.051 million or $0.38 per share from $17.318 million or $0.43 per share last year.
Nno-GAAP net income decreased to $15.051 million or $0.38 per share from $19.241 million or $0.48 per share a year ago.
On average, 10 analysts polled by Thomson Reuters expected the company to report profit of $0.31 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $392.975 million from $475.970 million last year. Analysts expected revenue of $398.47 million for the quarter.
Fiscal 2009 net income decreased to $46.327 million from $84.144 million prior year. Earnings per share was $1.17 compared to $1.92 last year. Non-GAAP net income was $52.453 million compared to $85.882 million prior year. Non-GAAP earnings per share decreased to $1.32 from $1.96 last year.
Net sales were $1.62 billion compared to $1.84 billion last year.
The company expects first-quarter revenue to be in the range of $405 million-$430 million. Earnings per share is expectd to be in the range of $0.31-$0.36, excluding any restructuring charges and including approximately $0.05 per share of stock-based compensation expense.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.