Flex

Flex Ltd. operates as a manufacturing services company. It delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. The firm operates through the following segments: Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The Flex Agility Solutions segment comprised of Communications, Enterprise and Cloud (CEC) includes data infrastructure, edge infrastructure and communications infrastructure, Lifestyle includes appliances, consumer packaging, floorcare, micro mobility and audio and, Consumer Devices include mobile and high velocity consumer devices. The Flex Reliability Solutions segment comprised of Automotive includes autonomous, connectivity, electrification, and smart technologies, Health Solutions includes medical devices, medical equipment and drug delivery and Industrial includes capital equipment, industrial devices, renewable including Nextracker business, grid edge, and power systems. The company was founded in May 1990 and is headquartered in Singapore.

Earnings data Q4 2021

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Flex reports record revenue growth and strategic focus on margin improvement

Flex's strong financial performance in Q4 and fiscal '23, along with its successful IPO and record automotive wins, position the company for continued growth. However, supply constraints and segment-specific revenue declines present challenges. The company's focus on regionalization, higher-margin products, and stock repurchase reflects a strategic approach to capitalize on opportunities and manage challenges.

Flex reports solid Q2 performance, eyes growth in AI and renewable energy

Flex's Q2 performance was solid, with notable strengths in secular-driven markets and various growth opportunities. However, challenges were observed in consumer-facing markets and a difficult comp in CEC. The company remains optimistic about the opportunities in AI, cloud, healthcare, automotive, and renewable energy transition.

Flex reports robust Q3 earnings, eyes growth amid challenges

Flex's Q3 performance was strong, with revenue growth and increased guidance for the full year. The company faces challenges from semiconductor shortages but is investing in long-term growth. Opportunities lie in continued growth in core business units and operational efficiency improvements.

Flex reports robust Q4 earnings, addresses supply chain challenges

Flex's Q4 and full-year fiscal '23 results reflect strong revenue growth and improved earnings, despite supply chain challenges.
The company's focus on operational capabilities, regionalization, and capital allocation highlights its commitment to long-term value creation.
Challenges in the supply chain and margin improvement require attention, but opportunities in higher-margin sectors and automation strategies offer growth potential.
Flex's strategic guidance for Q1 and fiscal '24 positions the company for continued revenue growth and margin enhancement, emphasizing shareholder value.

Flex reports steady Q1 performance, eyes growth in key markets

Flex's Q1 2024 performance was steady, with strength in key markets offsetting challenges in consumer-facing and enterprise IT segments. The company's focus on margin improvement, strategic cash management, and investments in technology positions it well for future growth. Flex's emphasis on share repurchases and growth opportunities underscores its commitment to enhancing shareholder value.

Flex reports Q2 revenue decline, focuses on growth markets

Flex's Q2 performance saw revenue decline, but strong free cash flow and focus on growth markets. Challenges include revenue decline and margin pressures, with opportunities in margin expansion and operational efficiency. Flex's strategic focus on next-gen markets and capital allocation for EPS growth are key highlights.

Flex reports robust Q3 earnings, eyes growth in AI and data centers

Flex's Q3 performance was strong, with solid financial metrics and a focus on key growth areas like AI and data centers. While facing challenges in certain end markets, the company sees opportunities in Cloud, electrification, and market share expansion.

Flex surpasses Q1 revenue expectations, faces CFO transition challenge

Flex's Q1 performance exceeded expectations with strong revenue, margin, and EPS growth.
Despite challenges like CFO departure and segment outlook, the company's operational strength is evident.
Opportunities in key end markets and focus on shareholder value creation position Flex for continued growth.

Flex reports robust Q2 earnings, eyes data center growth

Flex's strong Q2 performance, focus on higher-value markets, and strategic acquisitions position it for continued growth and value creation.
While challenges like market competition and external factors exist, Flex's confidence in margin expansion and EPS growth underscores its resilience.
Opportunities lie in leveraging data center growth, innovation, and partnerships to drive future success and enhance shareholder value.

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Flex Ltd. operates as a manufacturing services company. It delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. The firm operates through the following segments: Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The Flex Agility Solutions segment consists of Communications, Enterprise and Cloud (CEC), including data infrastructure, edge infrastructure and communications infrastructure, Lifestyle, including appliances, consumer packaging, floorcare, micro mobility and audio and, Consumer Devices including mobile and high velocity consumer devices. The Flex Reliability Solutions segment consists of Automotive, including autonomous, connectivity, electrification, and smart technologies, Health Solutions, including medical devices, medical equipment and drug delivery, Industrial, including capital equipment, industrial devices, and Renewable, including NEXTracker business, grid edge, and power systems. The company was founded by Joe McKenzie and Barbara-Ann McKenzie in 1969 and is headquartered in Austin, TX.

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As the peak of the U.S. earnings season comes and goes, many important foreign stocks are set to issue results. Flex Ltd. beat analyst estimates last week, and shares continued a recovery off its July 5th low.

Flex: Shares Are Cheap Following Another Earnings Beat

SAN JOSE, Calif. and VENRAY, The Netherlands , Aug. 1, 2022 /PRNewswire/ -- For the fourth year in a row, Flex (NASDAQ: FLEX) has been named as Lenovo EMEA Logistics Supplier of the Year.

Flex receives 4th consecutive Lenovo EMEA Logistics Supplier of the Year Award

Flex's first-quarter 2023 revenues and earnings gain from strength across the Agility Solutions and Reliability Solutions segments.

Flex (FLEX) Q1 Earnings & Revenues Top Estimates, Up Y/Y

Flex Ltd. (NASDAQ:FLEX ) Q1 2023 Earnings Conference Call July 27, 2022 4:30 PM ET Company Participants David Rubin - IR Revathi Advaithi - CEO Paul Lundstrom - CFO Conference Call Participants Steven Fox - Fox Advisors Mark Delaney - Goldman Sachs Ruplu Bhattacharya - Bank of America Matt Sheerin - Stifel Jim Suva - Citigroup Melissa Fairbanks - Raymond James Operator Good afternoon, and thank you for standing by. Welcome to Flex's Fiscal First Quarter 2023 Earnings Conference Call.

Flex Ltd. (FLEX) CEO Revathi Advaithi on Q1 2023 Results - Earnings Call Transcript

SAN JOSE, Calif. , July 27, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its first quarter ended July 1, 2022.

FLEX REPORTS FIRST QUARTER FISCAL 2023 RESULTS

FLEX is benefiting from higher demand for its solutions across end markets like automotive and industrial.

Here's Why Investors Need to Retain FLEX in the Portfolio

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SAN JOSE, Calif. , July 13, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) today released its 2022 sustainability report, which summarizes the company's global sustainability activities, performance and results from calendar year 2021.

Flex Releases 2022 Sustainability Report and Commits to Net Zero Greenhouse Gas Emissions by 2040

SAN JOSE, Calif. , July 11, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its first quarter fiscal 2023 financial results after the market closes on Wednesday, July 27, 2022.

Flex Announces Date for First Quarter Fiscal 2023 Earnings Call

SAN JOSE, Calif., and GUADALAJARA, Jalisco , June 14, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced it is expanding its automotive industry operations in Jalisco, Mexico.

Flex Expands Regional Strategic Automotive Manufacturing Hub in Jalisco, Mexico to Enable Next-Generation Mobility

Flex (FLEX) reported earnings 30 days ago. What's next for the stock?

Flex (FLEX) Up 0.4% Since Last Earnings Report: Can It Continue?

Flex's fourth-quarter revenues and earnings gain from high automotive demand.

Flex Q4 Earnings & Revenues Surpass Estimates, Rise Y/Y

Flex Ltd. (NASDAQ:FLEX ) Q4 2022 Earnings Conference Call May 4, 2022 4:30 PM ET Company Participants David Rubin - Investor Relations Revathi Advaithi - Chief Executive Officer Paul Lundstrom - Chief Financial Officer Conference Call Participants Mark Delaney - Goldman Sachs Steven Fox - Fox Advisors Matt Sheerin - Stifel Ruplu Bhattacharya - Bank of America Jim Suva - Citigroup Paul Chung - JPMorgan Melissa Fairbanks - Raymond James Operator Good afternoon and thank you for standing by. Welcome to Flex Fiscal Fourth Quarter 2022 Earnings Conference Call.

Flex Ltd. (FLEX) CEO Revathi Advaithi on Q4 2022 Results - Earnings Call Transcript

SAN JOSE, Calif. , May 4, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2022.

FLEX REPORTS FOURTH QUARTER AND FISCAL 2022 RESULTS

EMS leader Flex's exposure to high-growth markets should ensure a strong revenue outlook through 2025. With margins also moving higher on mix benefits and cost discipline, earnings should also ramp up in the coming years.

Flex: Deeply Discounted Industry Leader With A Potential Spinoff Catalyst

Flex (FLEX) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Growth Investors Shouldn't Overlook Flex (FLEX)

SAN JOSE, Calif. , April 18, 2022 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its fourth quarter and fiscal 2022 financial results after the market closes on Wednesday, May 4, 2022.

Flex Announces Date for Fourth Quarter Fiscal 2022 Earnings Call

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Flex (FLEX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Flex (FLEX) Rating Upgrade to Strong Buy

3 Reasons Growth Investors Will Love Flex (FLEX)

Flex (FLEX) has been benefiting from strength across the Agility Solutions and Reliability Solutions segments along with a solid end-market focus on the back of emerging opportunities.

Here's Why Flex (FLEX) Warrants a Bullish Stance at the Moment

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Has Flex (FLEX) Outpaced Other Computer and Technology Stocks This Year?

Flex (FLEX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

News for Flex Stock (FLEX)