Plexus Crushes Q1, Eyes $5B Revenue

Plexus, a leading electronic manufacturing services provider, reported a strong first quarter of 2026, with revenue surging 18.7% to $1.16 billion, exceeding analyst estimates by 2.9%. Adjusted earnings per share reached $2.05, topping expectations by 8.8%, and EBITDA hit $89.02 million. New program wins and market share gains in aerospace, defense, semiconductor gear, and industrial sectors drove growth. Despite supply chain challenges, management maintained steady margins at 5.3%. The stock held steady around $250, with a market cap of $6.71 billion. CEO Todd Kelsey and new CFO David Abuhl emphasized balancing growth and efficiency. Second quarter guidance projects 6.5% above expectations, with double-digit growth anticipated in aerospace, defense, and industrial sectors. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/50589f6960ef958b