NEENAH, WI – Plexus reported fiscal second quarter revenue of $1.1 billion, up 19% year over year, marking a record quarter as demand strengthened across its end markets.
Growth was supported by broad-based demand across aerospace and defense, healthcare, industrial, and semiconductor-related programs. The company also reported record manufacturing wins of $355 million in annualized revenue during the quarter.
Adjusted operating margin was 6%, while free cash flow reached $16 million, reflecting continued operational efficiency improvements.
Looking ahead, Plexus expects fiscal third quarter revenue in the range of $1.2 billion to $1.25 billion.