Financial Performance - Q2F21 - Revenue for Q2F21 reached $881 million, falling within the guidance range of $860 to $900 million[5] - GAAP diluted EPS was $1.42, exceeding the guidance range of $1.17 to $1.32[5] - GAAP operating margin was 5.8%, surpassing the guidance range of 5.0% to 5.5%[5, 42] - Free cash flow was $75 million, derived from $82 million in cash from operations less $7 million in capital expenditures[44] - Return on invested capital was 17.3%, which is 920 basis points above the fiscal 2021 WACC of 8.1%[44] Business Development & Wins - Quarterly manufacturing wins totaled $284 million[9] - Trailing four quarter wins exceeded $1 billion, setting a new record[9] - The company secured 6 new logos, including a notable AMS win[9] Sector Performance - Q2F21 - Industrial sector revenue was $407 million, representing 46% of total revenue, an 8% increase compared to Q1F21[15] - Healthcare and Life Sciences sector revenue was $350 million, accounting for 40% of total revenue, a 10% increase compared to Q1F21[15] - Aerospace and Defense sector revenue was $124 million, making up 14% of total revenue, a 7% decrease compared to Q1F21[15] Q3F21 Guidance - Revenue is projected to be between $875 million and $915 million[10] - GAAP diluted EPS is expected to be in the range of $1.23 to $1.38[10]

OR 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 2, ...

Financial Performance & Guidance - Plexus reported Q1F21 revenue of $830 million, within the guidance range of $810 to $850 million[9] - GAAP diluted EPS for Q1F21 was $1.23, exceeding the guidance range of $1.02 to $1.17[9] - The company is guiding for Q2F21 revenue between $860 million and $900 million, and GAAP diluted EPS between $1.17 and $1.32[13] - The company anticipates the second half of fiscal year 2021 quarterly revenue to be flat compared to Q2[14] - Q1F21 GAAP operating margin was 5.6%, which is above the company's target range[9, 42] Wins & Funnel - Manufacturing wins for Q1F21 totaled $223 million[11, 17] - The company added six new logos in Q1F21[11] - Trailing Four Quarters (TFQ) wins exceeded $1.01 billion, reaching an all-time high[11, 18] - The manufacturing funnel expanded to $3.3 billion, an increase of nearly $600 million and a record for the company[11, 35] Sector Performance - Industrial sector revenue for Q1F21 was $378 million, representing 46% of total revenue, a 12% decrease compared to Q4F20[15] - Healthcare and Life Sciences (HC/LS) sector revenue was $319 million, accounting for 38% of total revenue, a 7% decrease compared to Q4F20[15] - Aerospace and Defense (A/D) sector revenue was $133 million, making up 16% of total revenue, a 6% decrease compared to Q4F20[15] Cash Flow & Balance Sheet - Free cash flow for Q1F21 was negative $9 million[44] - The company repurchased approximately 307,000 shares for $22.8 million at an average price of $74.16 per share[44] - The cash balance was $357 million, a sequential decrease of $31 million[44] - Return on invested capital was 16.3%, which is 820 basis points above the fiscal year 2021 WACC of 8.1%[44]

Plexus Corp. (NASDAQ:PLXS) Q1 2021 Earnings Conference Call January 21, 2021 8:30 AM ET Company Participants Shawn Harrison - Vice President, Communications and Investor Relations Todd Kelsey - President and Chief Executive Officer Steve Frisch - Executive Vice President and Chief Operating Officer Pat Jermain - Executive Vice President and Chief Financial Officer Conference Call Participants Jim Ricchiuti - Needham & Company Adam Tindle - Raymond James David Williams - Loop Capital Matt Sheerin - Stifel St ...

Plexus Corp. (NASDAQ:PLXS) Q4 2020 Earnings Conference Call October 29, 2020 9:30 AM ET Company Participants Heather Beresford - Senior Director, Communications & Investor Relations Todd Kelsey - President & Chief Executive Officer Steve Frisch - Executive Vice President & Chief Operating Officer Pat Jermain - Executive Vice President & Chief Financial Officer Conference Call Participants Mike Cikos - Needham & Company Shawn Harrison - Loop Capital Adam Tindle - Raymond James Anja Soderstrom - Sidoti Matt S ...

Fiscal Fourth Quarter 2020 Results - Revenue reached $913 million, exceeding guidance and showing a 7% sequential growth from Q3F20's $857 million[5, 69] - GAAP diluted EPS was $1.26, surpassing the guidance range of $1.05 to $1.20[5, 69] - GAAP operating margin was 5.5%, the best in over a decade[5, 69] Fiscal Year 2020 Performance - Record revenue of $3.4 billion was achieved[10] - Economic return averaged 520 basis points, exceeding the enduring goal of 500bps[10] - Record free cash flow of $160 million was generated[11] Revenue by Sector (Q4F20 vs Q3F20) - Healthcare and Life Sciences revenue was $345 million (38%) compared to $330 million (39%), a 5% increase[35] - Industrial and Commercial revenue was $341 million (37%) compared to $317 million (37%), a 7% increase[38] - Aerospace and Defense revenue remained flat at $141 million (16%)[36] - Communications revenue increased to $86 million (9%) from $69 million (8%), a 25% increase[38] Manufacturing Wins - Q4F20 manufacturing wins totaled $286 million[39] - Trailing Four Quarters (TFQ) manufacturing wins reached $952 million[40] Fiscal First Quarter 2021 Guidance - Revenue is projected to be between $810 million and $850 million[20, 77] - GAAP diluted EPS is expected to be between $1.02 and $1.17[20, 77] - GAAP operating margin is guided to be between 4.9% and 5.3%[20, 77] Additional Highlights - Cash balance increased to $388 million[71] - Share repurchases amounted to $21.9 million, with approximately 295,000 shares repurchased at an average price of $74.34 per share[71] - The company is expanding its Thailand facility with an investment in approximately 400,000 sq ft manufacturing facility[67]