Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Plexus Corporation (PLXS on NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: John Ritter who wrote (58)	1/20/1998 8:47:00 AM
From: DD™	Respond to of 128

PR Newswire, Tuesday, January 20, 1998 at 07:17 NEENAH, Wis., Jan. 20 /PRNewswire/ -- Plexus Corp. (NASDAQ:PLXS), a contract provider of design, manufacturing and testing services to the electronics industry, today reported net sales of $95.9 million for the first fiscal quarter ended December 31, 1997, an increase of 10% over the comparable quarter in fiscal 1997, when the Company reported net sales of $87.4 million. Gross profit for the quarter increased 19% to $10.3 million from $8.7 million for the same period in fiscal 1997. Operating income for the period increased 26% to $6.0 million from $4.8 million for the same period in fiscal 1997. Net income for the quarter was $3.7 million, or $0.23 per diluted share, representing a 31% increase over the $2.9 million, or $0.19 per diluted share, reported for the same period in fiscal 1997. DD