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Plexus beat earnings estimates in Q1 2026, raised its Q2 forecast, and cited strong demand in key industries.
Plexus Corp. reported first-quarter 2026 earnings of $1.51 per share, with adjusted earnings of $1.78 per share, exceeding estimates.
Revenue reached $1.07 billion, a 9.6% year-over-year increase.
The company raised its second-quarter outlook, projecting adjusted EPS of $1.80 to $1.95 and revenue of $1.11 billion to $1.15 billion.
Growth was driven by demand in healthcare, industrial, and aerospace sectors, with 22 new programs adding $283 million in annualized revenue.
Plexus reaffirmed its full-year free cash flow target and maintained confidence in its long-term growth strategy.
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Plexus superó las estimaciones de ganancias en el primer trimestre de 2026, elevó su pronóstico para el segundo trimestre y mencionó una fuerte demanda en industrias clave.