Plexus (PLXS) narrows its Q1 EPS guidance to $0.48-0.50 from a previous range of $0.44-0.49, and...

|By:, SA News Editor

Plexus (PLXS) narrows its Q1 EPS guidance to $0.48-0.50 from a previous range of $0.44-0.49, and above consensus of $0.47. Narrows Q1 revenue to $525M-530M from previous range of $510M-540M and vs. consensus of $527.7M. Plexus also announces a strategic manufacturing arrangement with Kontron AG (KOTRF.PK) that will be modestly accretive to EPS.