Loading...
•
Sep 28, 2024
Plexus Q4 2024 Earnings Report
Reported strong Q4 financial results, exceeding guidance with revenue of $1.05 billion and non-GAAP EPS of $1.85.
Key Takeaways
Plexus reported fiscal fourth quarter revenue of $1.05 billion, GAAP operating margin of 5.1%, and GAAP diluted EPS of $1.48. Non-GAAP operating margin was 6.2% and non-GAAP diluted EPS was $1.85, excluding $0.37 of stock-based compensation expense, net of tax. The company generated record quarterly free cash flow of $194 million and won 26 manufacturing programs representing $230 million in annualized revenue when fully ramped into production.
Revenue for Q4 2024 reached $1.05 billion.
GAAP operating margin for Q4 2024 was 5.1%.
GAAP diluted EPS for Q4 2024 was $1.48.
Record quarterly free cash flow of $194 million was generated.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Plexus is guiding fiscal first quarter revenue of $960 million to $1.00 billion, non-GAAP operating margin of 5.7% to 6.1% and non-GAAP EPS of $1.52 to $1.67.
Positive Outlook
- Strong operating margin performance is expected to be maintained.
- Meaningful fiscal 2025 EPS growth is anticipated.
- Continued robust Aerospace/Defense market sector demand is expected.
- Modest revenue growth in Healthcare/Life Sciences and Industrial market sectors is anticipated.
- Reduced debt is expected.
Challenges Ahead
- Revenue is impacted by the better than anticipated fiscal fourth quarter results.
- Increased investments are expected to support future growth.
- Revenue guidance is $960 million to $1.00 billion
- Non-GAAP operating margin of 5.7% to 6.1%
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...