Core Insights - Plexus Corp (PLXS) reported first-quarter fiscal 2026 adjusted earnings per share (EPS) of $1.78, surpassing the previous year's $1.73 and beating the Zacks Consensus Estimate of $1.77 per share [1][7] - Revenues reached $1.07 billion, reflecting a year-over-year increase of 9.6%, although it slightly missed the Zacks Consensus Estimate of $1.071 billion [1][7] - Management anticipates non-GAAP EPS to be in the range of $1.66-$1.81 and revenues between $1.05 billion and $1.09 billion for the upcoming quarter [1] Revenue Breakdown - Revenues from the Americas increased by 25.9% to $345 million, while revenues from EMEA and Asia-Pacific rose by 16.8% and 0.8%, respectively [2] - The company secured 22 manufacturing program wins, projected to contribute $283 million in annualized revenues once fully operational [2][7] Growth Outlook - Management indicated that program wins, market share gains, and increasing demand position the company to potentially exceed its revenue growth target of 9% to 12% for fiscal 2026 [3] - For the second quarter of fiscal 2026, revenues are expected to be between $1.11 billion and $1.15 billion, with non-GAAP operating margin anticipated to be between 5.6% and 6% [15] Segment Performance - Aerospace/Defense revenues grew by 11.3% year over year to $178 million, contributing 17% to total revenues [5] - Healthcare/Life Sciences revenues increased by 24.6% year over year to $466 million, accounting for 43% of total revenues [9] - Industrial sector revenues decreased by 3.6% year over year to $426 million, contributing 40% to total revenues [10] Financial Metrics - Gross profit on a GAAP basis rose by 5.4% year over year to $106.2 million, with a gross margin of 9.9%, down from 10.3% in the previous year [12] - Cash and cash equivalents stood at $248.8 million as of January 3, 2026, down from $306.5 million as of September 27, 2025 [13] - The company reported a negative free cash flow of $50.6 million after capital expenditures of $35.2 million [14]

分组1 - Celestica reported quarterly earnings of $1.89 per share, exceeding the Zacks Consensus Estimate of $1.74 per share, and showing a significant increase from $1.11 per share a year ago, resulting in an earnings surprise of +8.62% [1] - The company achieved revenues of $3.65 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 5.46%, and up from $2.55 billion in the same quarter last year [2] - Celestica has consistently outperformed consensus EPS and revenue estimates over the last four quarters, indicating strong operational performance [2] 分组2 - The stock has gained approximately 12.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.83 on revenues of $3.59 billion, while for the current fiscal year, the estimate is $8.21 on revenues of $16.01 billion [7] - The Electronics - Manufacturing Services industry, to which Celestica belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8]

Plexus (PLXS) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +0.57%. A quarter ago, it was expected that this electronic manufacturing services company would post earnings of $1.84 per share when it actually produced earnings of $2.14, delivering a surprise of +16.3%.Over the last fo ...

Group 1 - Sanmina reported quarterly earnings of $2.38 per share, exceeding the Zacks Consensus Estimate of $2.15 per share, and showing a significant increase from $1.44 per share a year ago, resulting in an earnings surprise of +10.96% [1] - The company achieved revenues of $3.19 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.89%, and up from $2.01 billion in the same quarter last year [2] - Sanmina has consistently outperformed consensus EPS and revenue estimates over the last four quarters, indicating strong operational performance [2] Group 2 - The stock has gained approximately 18.5% since the beginning of the year, significantly outperforming the S&P 500's gain of 1% [3] - The future performance of Sanmina's stock will largely depend on management's commentary during the earnings call and the outlook for upcoming earnings [4][6] - The current consensus EPS estimate for the next quarter is $2.36 on revenues of $3.49 billion, and for the current fiscal year, it is $9.64 on revenues of $14 billion [7] Group 3 - The Electronics - Manufacturing Services industry, to which Sanmina belongs, is currently ranked in the top 25% of over 250 Zacks industries, suggesting a favorable outlook for companies within this sector [8] - Another company in the same industry, Celestica, is expected to report quarterly earnings of $1.74 per share, reflecting a year-over-year increase of +56.8%, with revenues projected at $3.47 billion, up 36.1% from the previous year [9][10]

In the latest trading session, Celestica (CLS) closed at $290.93, marking a -6.08% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.55%. Meanwhile, the Dow experienced a rise of 0.63%, and the technology-dominated Nasdaq saw an increase of 0.91%. Coming into today, shares of the electronics manufacturing services company had gained 0.38% in the past month. In that same time, the Computer and Technology sector gained 0.04%, while the S&P 500 gained 0.71%. The inve ...

Key Takeaways Sanmina is set to report Q1 FY26 earnings with consensus sales of $3.1B and EPS of $2.15.SANM completed the ZT Systems data center deal, expanding Cloud and AI scale with new facilities.Sanmina partnered with Konar to co-design a medium-voltage transformer, boosting energy manufacturing.Sanmina Corporation (SANM) is scheduled to report first-quarter fiscal 2026 earnings after the market closes on Jan. 26. The Zacks Consensus Estimate for sales and earnings is pegged at $3.1 billion and $2.15 p ...

Core Insights - Sanmina Corporation (SANM) is focusing on advancing high-speed network infrastructure through its fiber expertise, providing reliable and scalable solutions for telecom, data center, and enterprise markets [1] Group 1: Product Offerings - Sanmina's fiber portfolio includes fiber optic cables, transceivers, assemblies, connectors, and active optical cables, delivering high bandwidth, low latency, and reliable performance [2] - The company also offers passive components, optical sub-assemblies, and ruggedized solutions for demanding applications, along with optical line cards, WDM components, and fiber panels [2] Group 2: Partnerships and Collaborations - Sanmina collaborates with Nokia Corporation (NOK) to produce fiber-optic network equipment and optical modules in the U.S., supporting broadband expansion programs like BEAD [3] - The company develops customized fiber solutions for challenging environments, making it a trusted partner for network operators upgrading their fiber infrastructure [3] Group 3: Market Outlook - According to Grand View Research, the global fiber optics market is projected to grow to approximately $17.95 billion by 2033, with a CAGR of 6.6% [4] - Sanmina's strengths in innovation, engineering, and global manufacturing position it to capitalize on the increasing demand for high-speed fiber connectivity [4] Group 4: Competitive Landscape - Sanmina faces competition from Corning Incorporated (GLW) and Amphenol Corporation (APH), with Corning focusing on high-bandwidth optical connections in AI data centers [5] - Amphenol has acquired CommScope's Connectivity and Cable Solutions business to enhance its fiber optic offerings and is expanding its product range for harsh environments [6] Group 5: Financial Performance - Sanmina's shares have increased by 110.8%, outperforming the Electronics - Manufacturing Services industry's growth of 86% [7] - The company's shares currently trade at 17.41 times forward 12-month earnings, which is lower than the industry average [9] - Earnings estimates for 2025 and 2026 have remained static at $9.64 and $11.46, respectively [10]

Core Insights - Sanmina Corporation (SANM) is expanding its presence in the AI market by leveraging its advanced electronics manufacturing and data center capabilities, positioning itself as a key enabler of AI infrastructure [1][4] Group 1: Company Developments - The acquisition of ZT Systems enhances Sanmina's ability to provide AI-ready data center infrastructure, catering to hyperscale customers [2][8] - Sanmina has partnered with specialists like DeepCoolAI to innovate in the AI market, focusing on advanced liquid cooling and high-density data center solutions [2] - The introduction of the Viking Edge AI Computational Storage Appliance supports efficient edge AI deployment by integrating compute, storage, and networking [3][8] Group 2: Market Context - The global AI market is projected to grow to nearly $3,497.26 billion by 2033, with a compound annual growth rate (CAGR) of 30.6%, indicating significant demand for AI infrastructure [4] - Competitors like Jabil, Inc. and Celestica Inc. are also making strides in the AI market, with Jabil enhancing audio products with AI features and Celestica launching high-performance hardware for AI workloads [5][6] Group 3: Financial Performance - Sanmina's shares have increased by 104.5%, outperforming the Electronics - Manufacturing Services industry's growth of 100.3% [7] - The company's shares are currently trading at 16.45 times forward 12-month earnings, which is lower than the industry average [9] - Earnings estimates for 2025 and 2026 have remained static at $9.64 and $11.46, respectively, over the past 60 days [10]

Core Viewpoint - Plexus (PLXS) shares experienced a significant increase of 7.5%, closing at $172.35, driven by strong trading volume and broader strength in the electronics manufacturing services (EMS) sector related to AI and industrial demand [1][2]. Group 1: Company Performance - Plexus ended fiscal 2025 with 141 manufacturing wins, translating to $941 million in annualized revenues, and anticipates new program ramps across all segments to support revenue growth in fiscal 2026 [2]. - The company is projected to report quarterly earnings of $1.77 per share, reflecting a year-over-year increase of 2.3%, with expected revenues of $1.07 billion, marking a 9.7% rise from the previous year [3]. Group 2: Market Context - Elevated global geopolitical tensions have led to increased defense budgets, which bolster long-cycle demand for mission-critical electronics, an area where Plexus excels [3]. - The consensus EPS estimate for Plexus has remained stable over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [5]. Group 3: Industry Comparison - Plexus is part of the Zacks Electronics - Manufacturing Services industry, where Celestica (CLS) also operates, having closed 4.4% higher at $328.56, with a 3.9% return over the past month [6]. - Celestica's consensus EPS estimate has increased by 1.2% over the past month to $1.73, representing a substantial year-over-year change of 55.9% [7].

Core Insights - Celestica, Inc. (CLS) has seen a stock increase of 21.6% over the past three months, slightly underperforming the Electronics - Manufacturing Services industry's growth of 22.4, while outperforming the Zacks Computer & Technology sector and the S&P 500 during the same period [1][8] Financial Performance - The company has outperformed peers such as Jabil, Inc. (JBL) and Flex Ltd (FLEX), with Jabil's shares rising 10.3% and Flex's shares increasing by 7.9% [2] - In the third quarter, revenues from the Connectivity and Cable Solutions (CCS) segment surged 43.2% year over year to $2.41 billion, driven by strong demand for 800G networking switches [3][8] - Management anticipates a continued revenue growth of 40% year over year in the CCS segment, supported by the increasing demand for robust networking architecture due to AI data center buildouts [4] Market Trends - The AI data center market is projected to reach $236.44 billion by 2025, with a compound annual growth rate of 31.6% from 2025 to 2030, driven by the digital transformation across various industries [5] - Major hyperscalers like Microsoft, Amazon, and Google are expected to accelerate AI data center buildouts, presenting growth opportunities for Celestica's 400G and 800G switch products [5] Capital Management - As of September 30, 2025, Celestica had $305.9 million in cash and cash equivalents, with a current ratio of 1.47, indicating a strong position to meet short-term obligations compared to the industry's 1.17 [6] Challenges - The company's revenue growth is heavily reliant on AI data center capital expenditures, which may be affected by macroeconomic headwinds and tariff-related uncertainties [9] - Persistent weakness in the ATS segment and elevated inventory levels in industrial markets are hindering net sales growth [10] - Customer concentration risk is significant, with 59% of total revenues derived from three customers, making the company vulnerable to changes in demand from these major clients [10] Valuation Metrics - Celestica's shares are currently trading at a price/earnings ratio of 35.51 for forward 12-month earnings, which is higher than the industry average of 24.54 [15] Strategic Positioning - The company's strong focus on innovation and strategic collaborations with industry leaders like AMD and Broadcom is expected to yield long-term benefits [17]