Plexus Corp. (PLXS) Q2 2023 Effects – Profits Name Transcript

Plexus Corp. (NASDAQ:PLXS) Q2 2023 Profits Convention Name April 27, 2023 9:00 AM ET

Corporate Contributors

Shawn Harrison – VP, Communications & IR

Todd Kelsey – CEO

Steve Frisch – President & CSO

Patrick Jermain – EVP & CFO

Convention Name Contributors

David Williams – The Benchmark Corporate

James Ricchiuti – Needham & Corporate

Matthew Sheerinerin – Stifel Nicolaus

Paul Chung – JPMorgan

Anja Soderstrom – Sidoti & Corporate


Excellent morning, and welcome to the Plexus Corp. Convention Name referring to its Fiscal 2nd Quarter — 2023 income fiscal 2nd quarter. My title is Leeway, and I will be your operator for nowadays’s name.

[Operator Instructions] The convention name is scheduled to remaining roughly one hour. And please word that this convention is being recorded.

I’d now like to show the decision over to Mr. Shawn Harrison, Plexus’ Vice President of Communications and Investor Members of the family. Shawn?

Shawn Harrison

Thanks. Excellent morning, and thanks for becoming a member of us nowadays. One of the vital statements made and data equipped all through our name nowadays will probably be forward-looking statements, together with, with out limitation, the ones referring to profit, gross margin, promoting and administrative expense, restructuring and different fees, working margin, different source of revenue and expense, taxes, money cycle, capital allocation and long run industry outlook. Ahead-looking statements don’t seem to be promises since there are inherent difficulties in predicting long run effects, and exact effects may range materially from the ones expressed or implied within the forward-looking statements. For an inventory of things that would motive exact effects to range materially from the ones mentioned, please discuss with the corporate’s periodic SEC filings, in particular the chance components in our Shape 10-Ok submitting for the fiscal 12 months ended October 1, 2022, supplemented by way of our Shape 10-Q filings and the protected harbor and honest disclosure commentary in the day prior to this’s press unencumber.

We inspire individuals at the name

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