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.

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced that Michael Hurlston, a seasoned executive and board member, has joined the Company’s Board of Directors effective September 15, 2020. Mr. Hurlston has also been named as a member of the Company’s Audit Committee. With over 25 years of business and technology leadership experience, Mr. Hurlston currently serves as president and chief executive officer of Synaptics Incorporated, a worldwide pioneer and leader in human interf

Flex Appoints Michael Hurlston to Board of Directors

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SAN JOSE, Calif.--(BUSINESS WIRE)--In recognition of its reliability in delivering consistent performance, while also demonstrating speed, flexibility and agility in supporting Lenovo’s business requirements, Flex (NASDAQ: FLEX) recently received the Lenovo Logistics Excellence Award. Flex delivers a range of supply chain management services for Lenovo including ocean and rail transportation from China, inventory management from the Flex Distribution Centre in Venray, The Netherlands, and logis

Flex Wins Lenovo Logistics Excellence Award in Europe

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced that it has been named a winner of two 2020 Manufacturing Leadership Awards.

Flex Repeat Winner of Manufacturing Leadership Awards

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

Flex (FLEX) Down 6.8% Since Last Earnings Report: Can It Rebound?

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today released its 2020 sustainability report, summarizing the company’s global sustainability activities, performance and results from calendar year 2019.

Flex Releases 2020 Sustainability Report

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) announced today that Paul R.

Flex Announces Chief Financial Officer Transition

Flex's (FLEX) Q1 results reflect negative impact of coronavirus-induced automotive shutdowns in North America and Europe.

Flex (FLEX) Q1 Earnings Beat Estimates, Revenues Fall Y/Y

Flex Ltd (FLEX) CEO Revathi Advaithi on Q1 2020 Results - Earnings Call Transcript

Flex Ltd (FLEX) CEO Revathi Advaithi on Q1 2021 Results - Earnings Call Transcript

Flex (FLEX) delivered earnings and revenue surprises of 27.78% and 2.89%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Flex (FLEX) Q1 Earnings and Revenues Beat Estimates

Flex Ltd. FLEX, +5.33% shares rose in the extended session Thursday after the contract manufacturer's results and outlook exceeded Wall Street expectations.

Flex stock pops as earnings, outlook top Street view

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced results for its first quarter ended June 26, 2020.

Flex Reports First Quarter Fiscal 2021 Results

Flex (FLEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Flex (FLEX) Q1 Earnings Expected to Decline

AmerisourceBergen

Jabil

McKesson

NIKE

Moving as much supply chain manufacturing moved out of China as possible will increase manufacturing in the United States.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) will hold a conference call to discuss its first quarter fiscal year 2021 results on Thursday, July 30, 2020 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The live webcast of the conference call and accompanying slides will be available on the Flex Investor Relations (IR) website located at investors.flex.com. Alternatively, to access the conference call by telephone, participants can obtain the dial-in number and event passcode by re

Flex Announces Date for First Quarter Fiscal 2021 Earnings Call

Why Is Flex (FLEX) Up 26.1% Since Last Earnings Report?

Flex saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Flex Surges: Stock Moves 5.3% Higher

The contract manufacturer's results were hurt by the coronavirus outbreak, but Flex was still able to beat earnings expectations.

Why Flex Stock Jumped Today

Flex's (FLEX) fourth-quarter fiscal 2020 revenues hurt by COVID-19 related market disruptions and sluggish demand in its CEC segment.

Flex (FLEX) Q4 Earnings Beat Estimates, Revenues Fall Y/Y

Flex Ltd. (FLEX) CEO Revathi Advaithi on Q4 2020 Results - Earnings Call Transcript

Flex (FLEX) delivered earnings and revenue surprises of 7.69% and -1.65%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Flex (FLEX) Q4 Earnings Beat Estimates

Analysts Estimate Flex (FLEX) to Report a Decline in Earnings: What to Look Out for

Flex Ltd. (FLEX) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Moving Average Crossover Alert: Flex

Flex (FLEX) ramps up production of ventilator parts to tackle demand of ventilators triggered by coronavirus pandemic.

News for Flex Stock (FLEX)