Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Plexus (PLXS) Q3 Earnings Report Preview: What To Look For

PLXS Cover Image

Electronic manufacturing services company Plexus (NASDAQ: PLXS) will be reporting results this Wednesday after market close. Here’s what investors should know.

Plexus met analysts’ revenue expectations last quarter, reporting revenues of $1.02 billion, up 6% year on year. It was a mixed quarter for the company, with a beat of analysts’ EPS estimates but revenue guidance for next quarter missing analysts’ expectations significantly.

Is Plexus a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Plexus’s revenue to be flat year on year at $1.05 billion, slowing from the 2.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.86 per share.

Plexus Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Plexus has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Plexus’s peers in the tech hardware & electronics segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Jabil delivered year-on-year revenue growth of 18.5%, beating analysts’ expectations by 9.5%, and TD SYNNEX reported revenues up 6.6%, topping estimates by 3.5%. Jabil traded down 4.2% following the results while TD SYNNEX was up 9.5%.

Read our full analysis of Jabil’s results here and TD SYNNEX’s results here.

Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the tech hardware & electronics stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.4% on average over the last month. Plexus is up 5.2% during the same time and is heading into earnings with an average analyst price target of $155.60 (compared to the current share price of $151.10).

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