06:02 AM EDT, 04/25/2024 (MT Newswires) -- Plexus (PLXS) reported fiscal Q2 adjusted earnings Wednesday of $0.94 per share, down from $1.45 a year earlier.

Analysts polled by Capital IQ expected $0.93.

Net sales for the quarter ended March 30 were $966.9 million, down from $1.07 billion a year earlier.

Analysts polled by Capital IQ expected $964 million.

For fiscal Q3, the company expects adjusted earnings of $1.22 to $1.37 per share and revenue of $960 million to $1 billion. Analysts polled by Capital IQ are expecting normalized earnings of $1.09 per share and $1.02 billion in revenue.