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Plexus Reiterates Q3 Revenue

Written by Mike Buetow

Wednesday, 18 June 2008

NEENAH, WI – Plexus Corp. yesterday reaffirmed its guidance for its fiscal third quarter of $430 million to 450 million in revenue.

The EMS firm also reaffirmed fiscal year revenue growth of 16 to 18%. It added that it would receive an additional $5 million in orders in the fourth quarter from an unnamed defense customers, with potential for $17 million more in fiscal 2009.

The company said has purchased $168 million worth of its own shares as of June 13, with at least $32 million more in buybacks planned.

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