NEENAH, WI - Plexus today said revenue would come in at the low end of guidance for its fiscal third quarter ended July 4 due to problems with production at one of its defense/aerospace factories.

Plexus now expects to third quarter revenue of approximately $670 million, compared to previously announced revenue guidance of $670 million to $700 million. The company also cut its diluted earnings per share outlook to $0.67 to $0.70 from its previous $0.71 to $0.79.

In a statement, chairman, president and CEO Dean Foate said, "Our preliminary results are a consequence of unanticipated challenges we faced during the quarter. The most significant issue affecting the quarter was a production process constraint in one of our Defense/Security/Aerospace focus factories that limited our ability to complete product shipments late in the quarter. Further, in the final weeks of the quarter customer demand softened in our Networking/Communications sector resulting in forecast decommitments while our Healthcare/Life Sciences sector demand was weaker than our already projected soft expectations."

The company will report final results on July 22.

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