$PLXS (Plexus Corp.)

$PLXS {{ '2016-10-03T14:26:51+0000' | timeago}} • Announcement

$PLXS has promoted Steve Frisch to EVP and COO. With his promotion, Mr. Frisch assumes responsibilities for the company's global manufacturing and engineering operations, go-to-market, supply chain, and quality functions. Since 2014, Frisch served as EVP and Chief Customer Officer.

$ALOG {{ '2017-07-13T21:40:13+0000' | timeago}} • Announcement

$ALOG announced that Michael Bourque has been appointed its CFO and Treasurer, effective July 13, 2017. He replaces Mark Frost, who will be leaving the company. Bourque joined Analogic in 2014 as VP and Corporate Controller.

$HPE {{ '2017-06-29T15:26:18+0000' | timeago}} • Announcement

$HPE and $WIT announced a new global go-to-market agreement to provide joint customers with on-premises IT infrastructure at flexible consumption-based pricing. This collaboration will leverage $HPE's Flexible Capacity and $WIT's infrastructure-as-a-service offerings to address the increasing customer demand for consumption based IT.

$PKE {{ '2017-06-28T15:50:03+0000' | timeago}} • Webcast

$PKE said it is actively carrying out marketing programs in Asia, where it hopes to see growth by 2H18. The company said it expects continued decline in revenue from legacy products, and hence are trying to offset it through revenue from new products.

$PKE {{ '2017-06-28T15:16:50+0000' | timeago}} • Webcast

In 1Q18, $PKE's North American sales were 56% of total sales; European sales were 7%; and Asian sales were 37% of total sales, compared to 53%, 8% and 39% respectively in the year-over period.

$PKE {{ '2017-06-28T11:11:29+0000' | timeago}} • Announcement

Earnings halved in 1Q18 for $PKE, a developer of advanced composite materials. Net income was $1.4MM, or $0.07 per share, compared to $3MM, or $0.15 per share a year ago. Excluding special items, $PKE earned $0.12 per share during the quarter. Sales slid 13% to $27.4MM.

$PKE {{ '2017-06-26T21:12:40+0000' | timeago}} • Announcement

$PKE said its subsidiary, Park Aerospace Technologies Corp., entered into a long-term agreement with MRA Systems, LLC, a subsidiary of GE Aviation, for the purchase of composite materials used in the manufacture of engine nacelles and thrust reversers.

$MEI {{ '2017-06-22T15:31:23+0000' | timeago}} • Webcast

$MEI said, if the acquisition of Procoplast is completed in 2Q18 as expected, it anticipates $17MM in revenue, which represents seven months of Procoplast revenue. $MEI revealed that it is paying eight times EBITDA multiple of Procoplast for the transaction, though the exact deal value was not disclosed.

$MEI {{ '2017-06-22T11:08:49+0000' | timeago}} • Announcement

$MEI entered into stock purchase agreement for acquisition of Procoplast s.a., an independent maker of automotive complex insert molded subassemblies. The acquisition is expected to complement European automotive business with high volume, highly automated injection production lines for automotive transmission and brake products.

$MEI {{ '2017-06-22T11:05:48+0000' | timeago}} • Announcement

$MEI expects FY18 sales of $807-827MM, pre-tax income of $114-127MM and EPS of $2.43-2.63. This considers the exit of Connectivity and AES, Automotive price reductions, no international grant money from a foreign government, and expected closing of the Procoplast acquisition.

$MEI {{ '2017-06-22T11:02:35+0000' | timeago}} • Announcement

$MEI's gross margin for 4Q17 fell to 25.1% from 28.6% last year. This was primarily as a result of the exit costs for Connectivity and AES, a provision for a customer warranty, unfavorable copper costs, unfavorable sales mix of data solutions products in the Interface segment and unfavorable sales mix in the Automotive segment.

$MEI {{ '2017-06-22T11:01:11+0000' | timeago}} • Announcement

$MEI reported a rise in 4Q17 earnings driven by lower income tax expenses. Net income rose to $23.1MM or $0.62 per share from $22.7MM or $0.61 per share last year. $MEI incurred expenses related to exit of two reporting units and related to activity from potential acquisition during the latest quarter. Net sales grew 3.2% to $219.7MM.

$TER {{ '2017-06-19T15:58:00+0000' | timeago}} • Announcement

$TER announced the election of Marilyn Matz to its Board of Directors effective July 3, 2017. Ms. Matz was also appointed to the Board's Compensation Committee and the Nominating and Corporate Governance Committee.

$YGE {{ '2017-06-15T11:02:15+0000' | timeago}} • Announcement

Based on current market conditions, the company's current operating conditions, estimated production capacity and forecasted customer demand, $YGE expects its PV module shipments to be in the expected range of 950 MW to 1,050MW for 2Q17.

$YGE {{ '2017-06-15T11:01:59+0000' | timeago}} • Announcement

$YGE's gross margin for 1Q17 dropped to 5% from 20% last year. This was mainly due to fall of average selling price of PV modules as result of decline of average selling price for PV module worldwide as well as decline of shipments to Japan and U.S. Markets where selling price of PV modules were generally higher than other markets.

$YGE {{ '2017-06-15T11:01:35+0000' | timeago}} • Announcement

$YGE's PV module shipments for 1Q17 fell to 370.9MW from 508.1MW last year. This was primarily as a result of the decrease of PV module shipments to Japan and U.S., as well as the general decline of average selling prices of PV module worldwide.

$YGE {{ '2017-06-15T11:01:18+0000' | timeago}} • Announcement

Solar panel maker $YGE slipped to a loss in 1Q17 from a profit last year, due to lower revenue and a decline in due to the decrease of PV module shipments. Net loss was $26.8MM or $1.5 per American Depository Share, compared to a profit of $12.3MM or $0.7 per ADS last year. Revenue dropped to $179.9MM from $364.6MM.

$JBL {{ '2017-06-14T21:49:31+0000' | timeago}} • Webcast

$JBL said it is facing some constraints on the silicon side but currently this is at a minimal level. With regards to new technologies in markets, the company serves 12-13 different end-markets and any constraints or impacts from these factors have been included in its guidance numbers for 4Q17 and FY18.

$JBL {{ '2017-06-14T21:11:04+0000' | timeago}} • Webcast

In 3Q17, revenue for $JBL’s Diversified Manufacturing Services segment was $1.67Bil, an increase of 14% YoY. This segment represented 37% of total company revenue. The Electronics Manufacturing Services segment revenue was $2.82Bil, a decrease of 1% YoY. This segment represented 63% of total company revenue.

$JBL {{ '2017-06-14T21:06:31+0000' | timeago}} • Webcast

For 3Q17, $JBL reported approx. $114MM in core operating income. Core operating margin came in at 2.5%, representing a 50BP pickup over 3Q16. GAAP operating income was $43.4MM in 3Q17.

$JBL {{ '2017-06-14T20:55:22+0000' | timeago}} • Infographic

$JBL Jabil Inc. Earnings AlphaGraphics: Q3 2017 highlights

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