Plexus Corp Q1 Income Rises 77%

(RTTNews) - Plexus Corp (PLXS) released a profit for its first quarter that rose from last year.

The company said its bottom line came in at $28.18 million, or $0.82 per share. This was up from $15.96 million, or $0.47 per share, in last year's first quarter.

Analysts had expected the company to earn $0.77 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.0% to $635.02 million. This was up from $616.66 million last year.

Plexus Corp earnings at a glance:

-Earnings (Q1): $28.18 Mln. vs. $15.96 Mln. last year. -Earnings Growth (Y-o-Y): 76.6% -EPS (Q1): $0.82 vs. $0.47 last year. -EPS Growth (Y-o-Y): 74.5% -Analysts Estimate: $0.77 -Revenue (Q1): $635.02 Mln vs. $616.66 Mln last year. -Revenue Change (Y-o-Y): 3.0%

-Guidance: Next quarter revenue guidance: $620 - $650 Mln