Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________________________________________ FORM 10-Q ____________________________________________________________________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 1, 202 ...

| --- | --- | --- | --- | --- | |-------|-------|---------------------------------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Fiscal first quarter 2022 financial results January 26, 2022 | | | | | | | | | PLEXUS CORP. Safe harbor and fair disclosure statement Some of the statements made and information provided during our call as well as information included in the supporting materials will be forward looking statements, including, without limitation, those rega ...

Financial Data and Key Metrics Changes - The company reported revenue of $817 million for Q1 2022, with GAAP EPS of $0.82, which included $0.06 of restructuring charges and $0.22 of stock-based compensation expense [6][16] - The gross margin was 8.6%, below guidance due to unfavorable customer mix and operational inefficiencies [16] - The company anticipates revenue guidance for Q2 2022 to be between $820 million and $860 million, with GAAP diluted EPS expected to be between $0.76 and $0.92 [7][18] Business Line Data and Key Metrics Changes - The Industrial sector experienced a 7% revenue decline in Q1, but a mid-single-digit increase is expected in Q2 [10] - The Healthcare Life Sciences sector grew over 3% in Q1, with a low single-digit decline anticipated in Q2 due to supply constraints [10] - Aerospace and Defense sector revenue declined by 7% in Q1, but a low double-digit increase is expected in Q2 as demand remains strong [10] Market Data and Key Metrics Changes - The company achieved $271 million in wins for the quarter, with a trailing four-quarter total of $1.1 billion, representing a 7% year-over-year increase [7] - The funnel of qualified opportunities reached a record $3.3 billion, indicating strong future growth potential [13] - Demand remains robust across all market sectors, although supply chain challenges are limiting the ability to meet this demand [8] Company Strategy and Development Direction - The company aims for $5 billion in revenue with a 5.5% GAAP operating margin by fiscal 2025, with a long-term growth target of 9% to 12% [4][8] - The company is focusing on operational efficiency and customer service excellence to drive growth [5][6] - Strategic investments are being made in working capital and new facilities to support anticipated growth [19] Management's Comments on Operating Environment and Future Outlook - Management noted that supply chain constraints are expected to continue impacting revenue in the near term, but strong demand positions the company well for future growth [6][8] - The company is optimistic about the second half of the fiscal year, particularly in the Healthcare Life Sciences sector, due to major program ramps [7][8] - Management expressed confidence in the ability to drive sequential revenue and EPS growth despite current challenges [22][54] Other Important Information - The company is constructing a new manufacturing facility in Thailand, expected to be completed on time and on budget [14][15] - Cash flow is expected to be negative in Q2 due to increased working capital investments [19] Q&A Session Summary Question: What needs to happen for the company to realize all the business won? - Management indicated that supply chain improvements are necessary to achieve the anticipated revenue levels, particularly for new program ramps [21][22] Question: What caused the decline in Aerospace and Defense revenue? - The decline was attributed to shortages in electronic components, particularly wiring harness suppliers [23][25] Question: What were the issues faced in Q1? - The company faced significant supply chain challenges, particularly with custom and electronic components, impacting revenue more than competitors [30][31] Question: Are supply chain issues affecting customer relationships? - Management confirmed that relationships remain strong, with an increase in win rates and customer collaboration despite supply challenges [33][35] Question: How is the company navigating the inflationary environment? - The company is able to pass along component costs, with minimal direct impact from inflation on overall profitability [41] Question: When will inventory levels normalize? - Management expects inventory levels to stabilize in Q3 and Q4, with cash cycle days potentially returning to pre-pandemic levels [47][49]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________________________________________ FORM 10-K (Mark One) ____________________________________________________________________________________________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 2, 2021 OR ☐ T ...

Plexus Corp. (NASDAQ:PLXS) Q4 2021 Earnings Conference Call October 28, 2021 8:30 AM ET Company Participants Shawn Harrison - VP, Communications and IR Todd Kelsey - President and CEO Steven Frisch - EVP and COO Patrick Jermain - EVP and CFO Conference Call Participants Steve Fox - Fox Advisors Anja Soderstrom - Sidoti & Company Matthew Sheerin - Stifel Operator Good morning, and welcome to the Plexus Corp. Conference Call regarding its Fiscal Fourth Quarter 2021 Earnings Announcement. My name is Gail, and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________________________________________ FORM 10-Q ____________________________________________________________________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 3, 2021 O ...

Plexus Corp. (NASDAQ:PLXS) Q3 2021 Earnings Conference Call July 22, 2021 8:30 AM ET Company Participants Todd Kelsey - President & CEO Patrick Jermain - EVP & CFO Steven Frisch - EVP & COO Shawn Harrison - VP, Communications & IR Conference Call Participants James Ricchiuti - Needham & Company Anja Soderstrom - Sidoti & Company Matthew Sheerin - Stifel Adam Tindle - Raymond James Steven Fox - Fox Advisors Paul Chung - JPMorgan Operator Good morning, and welcome to the Plexus Corp. Conference Call regarding ...

| --- | --- | --- | --- | --- | |-------|-------|---------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Fiscal third quarter 2021 | | | | | | financial results July 22, 2021 | | | | | | | | | PLEXUS CORP. Safe harbor and fair disclosure statement Any statements made during our call today and information included in the supporting material that is not historical in nature, such as statements in the future tense and statements that include "believe," "expect," "intend," " ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________________________________________ FORM 10-Q ____________________________________________________________________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 3, 2021 ...

Plexus Corp (NASDAQ:PLXS) Q2 2021 Results Conference Call April 22, 2021 8:30 AM ET Company Participants Shawn Harrison - Vice President, Communications and Investor Relations Todd Kelsey - President and Chief Executive Officer Steven Frisch - Executive Vice President and Chief Operating Officer Patrick Jermain - Executive Vice President and Chief Financial Officer Conference Call Participants James Ricchiuti - Needham & Co. David Williams - Loop Capital Adam Tindle - Raymond James Steven Fox - Fox Advisor ...