Plexus fiscal Q2 revenue falls to $967 million from $1.07 billion; GAAP EPS $0.58
Plexus reported fiscal second quarter 2024 revenue of $967 million and GAAP diluted EPS of $0.58, down from $1.071 billion and $1.45 in the year-earlier quarter, and the GAAP results include $0.36 per share of restructuring and other charges. The company guided fiscal third quarter revenue to $960 million to $1.00 billion and GAAP diluted EPS to $0.80 to $0.95, and reported free cash flow of $65 million and $17.6 million of share repurchases.
Key points
- Q2 revenue $967 million vs $1.071 billion in the quarter ended April 1, 2023, and $983 million in the prior quarter
- GAAP diluted EPS $0.58 vs $1.45 a year earlier; non-GAAP diluted EPS $0.94 excludes restructuring charges
- Q3 guidance: revenue $960 million to $1.00 billion; GAAP diluted EPS $0.80 to $0.95
- Free cash flow of $65 million; $17.6 million of shares repurchased, leaving $38.1 million under the $50.0 million authorization
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.