NasdaqGS:PLXSElectronic
Plexus (PLXS): Assessing Valuation After Q3 Earnings Beat and $250M in New Program Wins
Plexus (PLXS) just delivered an upbeat third-quarter report, catching the eye of investors with adjusted earnings per share outpacing expectations. The real story comes from broad revenue growth and a wave of new business. The company secured 41 manufacturing programs, which could potentially bring in an extra $250 million per year once they are fully operational. Additionally, Plexus management expressed optimism for the next quarter, projecting not only higher revenues but also improved...