Flex(FLEX)

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Flex Ltd. (FLEX) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-11-21 15:15
Have you been paying attention to shares of Flex (FLEX) ? Shares have been on the move with the stock up 16.8% over the past month. The stock hit a new 52-week high of $40.48 in the previous session. Flex has gained 30.8% since the start of the year compared to the 28.4% move for the Zacks Computer and Technology sector and the -23.2% return for the Zacks Electronics - Miscellaneous Products industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it h ...
Flex Completes Acquisition of Crown Technical Systems
Prnewswire· 2024-11-20 14:05
AUSTIN, Texas, Nov. 20, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has completed its previously announced $325 million all-cash acquisition of Crown Technical Systems, a leader in fully integrated power distribution and protection systems.The acquisition further increases Flex exposure to fast-growing, margin accretive end-markets, including modular data center adoption and medium voltage power distribution, and extends the company's power portfolio into the utility power market. Addit ...
FLEX vs. ROK: Which Stock Is the Better Value Option?
ZACKS· 2024-11-18 17:46
Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Flex (FLEX) or Rockwell Automation (ROK) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong ear ...
Are Investors Undervaluing Flex (FLEX) Right Now?
ZACKS· 2024-11-18 15:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation m ...
Flex Acquires JetCool to Expand Data Center and Power Portfolio
Prnewswire· 2024-11-14 21:05
The addition of advanced liquid cooling technology addresses increased heat requirements across the full spectrum of AI workloads and high-performance computingAUSTIN, Texas, Nov. 14, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today it has acquired JetCool Technologies, a leading liquid cooling company for data centers. The acquisition bolsters Flex's data center and power portfolio to help hyperscale and enterprise customers solve growing power, heat, and scale challenges in the era of AI. Building ...
ReShape Lifesciences® Receives Health Canada Approval for its Next-Generation Lap-Band® 2.0 FLEX
GlobeNewswire News Room· 2024-11-12 13:31
Core Insights - ReShape Lifesciences has received an updated Medical Device License from Health Canada for its next generation Lap-Band® 2.0 FLEX and Tubing Kit, marking a significant milestone and growth catalyst for the company's Lap-Band® franchise [1][2] Product Details - The enhanced Lap-Band® 2.0 FLEX was designed based on physician feedback to improve patient experience, featuring adjustable band openings for optimizing eating habits and comfort [2] - The new Flex technology acts as a relief valve, allowing larger food pieces to pass through more easily, minimizing discomfort during swallowing [2] - Initial market release in the U.S. has received overwhelmingly positive feedback from surgeons, with data being analyzed to support the upcoming U.S. commercial launch [2] Company Overview - ReShape Lifesciences is a leading company in weight loss and metabolic health solutions, offering a range of products including the FDA-approved Lap-Band® System, which provides a minimally invasive treatment for obesity [3] - The company also has investigational products like the Diabetes Bloc-Stim Neuromodulation™ (DBSN™) system for type 2 diabetes and the non-surgical Obalon® balloon technology for weight loss [3]
Flex LNG - Third Quarter 2024 Earnings Release
Prnewswire· 2024-11-12 06:39
HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the nine months ended September 30, 2024.Highlights:* Vessel operating revenues of $90.5 million for the third quarter 2024, compared to $84.7 million for the second quarter 2024.* Net income of $17.4 million and basic earnings per share of $0.32 for the third quarter 2024, compared to net income of $21.8 million and basic earnings per share of $0.41 for the second ...
Flex LNG - Key information relating to the cash distribution for the third quarter 2024
Prnewswire· 2024-11-12 06:20
HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the third quarter 2024. The distribution will be made from the Company's Contributed Surplus Account.Please note that from May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stock Exchange ("NYSE") will be shortened from T+2 to T+1 (of which T equals trading date), while the Oslo Stock Exchange ("OSE") will cont ...
Flex LNG - Third Quarter 2024 Presentation
Prnewswire· 2024-11-12 06:16
HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s third quarter 2024 results which will be presented in a live video webcast today at 15:00 CET (09:00 a.m. EST).In order to watch the webcast, use the following link:Third Quarter 2024 Earnings PresentationA Q&A session will be held after the webcast. Information on how to submit questions will be given at the beginning of the session.In conjunction with the quarterly results, we have published a short t ...
Here's Why Flex (FLEX) is a Strong Momentum Stock
ZACKS· 2024-11-11 15:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...