NEENAH, WI – Plexus reported fiscal first quarter 2017 revenue of $635 million, up nearly 3% year-over-year.

For the period ended Dec. 31, net income was $28.2 million, an increase of 95% compared to the fiscal first quarter last year. Operating profit was $33.9 million, up 58%.

During the quarter Plexus won 51 manufacturing programs, representing approximately $217 million in annualized revenue when fully ramped into production.

“Late in the fiscal first quarter, we fulfilled a broad-based pull-in of demand from customers within our Communications market sector that offset weaker than anticipated revenue from the Defense/Security/Aerospace market sector,” said president and CEO Todd Kelsey. “Consequently, fiscal first quarter revenue of $635 million was at the midpoint of our guidance range.

“Looking forward to our fiscal second quarter, we currently anticipate revenue in the range of $620 to $650 million.”

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