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Plexus (PLXS) -3.3% AH after warning it expects to report FQ1 (Dec. quarter) revenue of $531M...

  • Monday, January 7, 7:02 PM ET
    Plexus (PLXS) -3.3% AH after warning it expects to report FQ1 (Dec. quarter) revenue of $531M and EPS of $0.45-$0.47, below a consensus of $562.5M and $0.52. The contract manufacturer claims its networking/communications business didn't see "typical demand-pull" in the final weeks of the quarter. Plexus was clobbered in November after announcing the company's relationship one of its key networking customers, Juniper, will end this fiscal year.
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