Plexus Corp. (PLXS) Q1 2025 Earnings Call Transcript

2025-01-23 11:57:58 ET

Plexus Corp. (PLXS)

Q1 2025 Earnings Conference Call

January 23, 2025, 08:30 AM ET

Company Participants

Shawn Harrison - Vice President, Investor Relations

Todd Kelsey - President & Chief Executive Officer

Oliver Mihm - Executive Vice President & Chief Operating Officer

Pat Jermain - Executive Vice President & Chief Financial Officer

Conference Call Participants

David Williams - Benchmark

Jim Ricchiuti - Needham & Company

Steven Fox - Fox Advisors

Steve Barger - KeyBanc Capital Markets

Ruben Roy - Stifel

Anja Soderstrom - Sidoti

Melissa Fairbanks - Raymond James

Presentation

Operator

Thank you for standing by. My name is Liz, and I'll be your conference operator today. At this time, I would like to welcome everyone to the First Quarter 2025 Plexus Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I would now like to turn the call over to Mr. Shawn Harrison, Vice President of Investor Relations. Please go ahead.

Shawn Harrison

Thanks, Liz. Good morning, and thank you, everyone, for joining us today.

Some of the statements made and information provided during our call today will be forward-looking statements including without limitation, those regarding revenue, gross margin, selling and administrative expense, operating margin, other income and expense, taxes, cash cycle, capital allocation, and future business outlook.

Forward-looking statements are not guarantees since there are inherent difficulties in predicting future results and actual results could differ materially from those expressed or implied in the forward-looking statements. For a list of factors that could cause actual results to differ materially from those discussed, please refer to the company's periodic SEC filings, particularly the risk factors in our Form 10-K filing for the fiscal year ended September 28, 2024, as supplemented by the Safe Harbor and Fair Disclosure Statement in our press release.

We encourage participants on the call this morning to access the live webcast and supporting materials at Plexus' website at www.plexus.com, clicking on Investors at the top of that page.

Joining me today are Todd Kelsey, President and Chief Executive Officer; Oliver Mihm, Executive Vice President and Chief Operating Officer; and Pat Jermain, Executive Vice President and Chief Financial Officer. With today's earnings call, Todd will provide summary comments before turning the call over to Oliver and Pat for further details....

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