Plexus reports Q3 adjusted EPS $1.90, consensus $1.71

Reports Q3 revenue $1.02B, consensus $1.02B. Todd Kelsey, president and CEO, commented, “Our Plexus (PLXS) team continues to execute at a high level in driving numerous efficiency initiatives, which resulted in another strong quarter of financial performance. Fiscal third quarter revenue of $1.018 billion grew sequentially and was in-line with guidance, non-GAAP operating margin of 6.0% was near the high end of guidance and non-GAAP EPS of $1.90 exceeded guidance. Furthermore, free cash flow again surpassed our expectations.”