NEENAH, WI – Plexus today reported fiscal second-quarter net income fell 16% to $20 million compared to the same period last year.
Net sales were up 1% year-over-year and 8% sequentially to $573.5 million.
Revenue beat the midpoint of the company's guidance range, driven largely by new program wins.
“The strong revenue growth we delivered set a record for the company and marked a return to sequential growth," said CEO Dean Foate. "With the exception of our Networking/Communications sector, which remains volatile, we experienced a relatively stable demand environment during the quarter. Each of our other market sectors performed consistent with or above our expectations."
During the quarter, Plexus won 28 new programs, good for an estimated $316 million in annualized revenue when fully ramped, including $100 million of revenue from the strategic manufacturing arrangement with Kontron announced in January.
The firm expects third-quarter 2012 revenue guidance of $590 million to $620 million.
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尼纳,威斯康星 - 丛今天公布了财年第二季度净收入2000万美元,与去年同期相比下降16%。
净销售额增长了1%,比去年同期的8%,比上一季度的$573.5亿美元。
收入击败了该公司的指导范围的中点,新方案胜在很大程度上带动。
“交付强劲的收入增长,我们设置了该公司的纪录,标志着环比增长的回报,”首席执行官迪安Foate。说,“随着我们的网络/通讯业,这仍然动荡不安的异常,我们经历了一个相对稳定的需求环境中本季度。我们的其他市场领域的每个执行或高于我们的预期是一致的。“
在本季度,丛赢得28个新项目,年均收入估计为316万元,充分斜坡时,与控创在一月份宣布的战略生产安排,包括从100万美元的收入。
该公司预计第三季度2012年的5.9亿美元至6.2亿美元的收入指导。