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FLEX REPORTS FIRST QUARTER FISCAL 2025 RESULTS, ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION
Prnewswire· 2024-07-24 12:05
AUSTIN, Texas, July 24, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its first quarter ended June 28, 2024. First Quarter Fiscal Year 2025 Highlights: Net Sales: $6.3 billion GAAP Operating Income: $233 million Adjusted Operating Income: $306 million GAAP Net Income attributable to Flex Ltd: $139 million Adjusted Net Income attributable to Flex Ltd: $211 million GAAP Earnings Per Share: $0.34 Adjusted Earnings Per Share: $0.51 An explanation and reconciliation of non-GAAP financial ...
Flex Joins the Reverse Logistics Association
Prnewswire· 2024-07-18 13:05
Company brings more than two decades of experience in integrated reverse logistics and circular economy services at scale to global member network AUSTIN, Texas, July 18, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced it has joined the Reverse Logistics Association (RLA), a member-driven, global trade association for the returns and reverse industry and an authoritative body for reverse logistics best practices. Bringing more than two decades of experience in integrated reverse logistics and circular ec ...
ShiftWise Flex™ Launches Manager Hub App Enabling Mobile Workforce Management for Healthcare Organizations
GlobeNewswire News Room· 2024-07-16 14:00
DALLAS, July 16, 2024 (GLOBE NEWSWIRE) -- AMN Healthcare, the leader and innovator in total talent solutions for healthcare organizations, launched the Manager Hub app, the latest innovative capability of its workforce management platform, ShiftWise Flex™. This additional functionality empowers healthcare organizations with on-the-go, accessible workforce management capabilities. ShiftWise Flex, a next-gen vendor-neutral vendor management system (VMS), serves as a comprehensive workforce management platform ...
FLEX LNG: 11% Yield On LNG Shipping
Seeking Alpha· 2024-07-14 13:15
Natallia Pershaj/iStock via Getty Images Liquid Natural Gas, known as LNG, had a surge in 2022. This was due to Russia's invasion of Ukraine, which caused European countries to change their buying patterns. LNG shipping prices increased accordingly. Europe remains the biggest importer of LNG, but it appears to be adopting more of a wait and see approach in 2024, with up to 66% of its LNG demand uncontracted: FLNG site Higher rates in 2022 allowed FLEX LNG Ltd. (NYSE:FLNG) to secure higher long-term ch ...
Flex Announces Date for First Quarter Fiscal 2025 Earnings Call
Prnewswire· 2024-07-09 20:05
AUSTIN, Texas, July 9, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its first quarter fiscal 2025 financial results before the market opens on Wednesday, July 24, 2024. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET).The live webcast presentation will be available on the Flex Investor Relations (IR) website located at investors.flex.com. The webcast replay, along with supporting materials, will be available on the IR website following t ...
Flex Provides Exposure To 2 Verticals That Have Strong Secular Tailwinds
Seeking Alpha· 2024-07-02 11:05
SweetBunFactory Investment overview I give a buy rating to Flex Ltd. (NASDAQ:FLEX). I believe FLEX gives investors direct exposure to two key verticals that have very strong underlying secular tailwinds. These two verticals should improve FLEX's overall growth profile from historical low-single-digits to mid-to-high-single-digits. Coupled with margin expansion (high-growth segments have higher margins), I am expecting FLEX to see earnings growth faster than revenue growth. Lastly, when combined with the ...
Flex LNG to attend DNB Investor Lunch in New York
Prnewswire· 2024-06-24 11:06
HAMILTON, Bermuda, June 24, 2024 /PRNewswire/ -- Flex LNG will attend the DNB Investor Lunch in connection with Marine Money 2024 in New York, and we will also be meeting with investors. The presentation used is attached hereto and is also available on our web page.For more information please contact:Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: [email protected]About FLEX LNGFlex LNG is a shipping company focused on the growing market for Liquefied Natural ...
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2024
GlobeNewswire News Room· 2024-06-13 20:30
EXTON, Pa., June 13, 2024 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on July 10, 2024, to shareholders of record on June 26, 2024.   In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as suc ...
Flex LNG - Ex Date Q1 2024
Prnewswire· 2024-06-07 05:12
HAMILTON, Bermuda, June 7, 2024 /PRNewswire/ -- The shares in Flex LNG Ltd. (Ticker: FLNG) traded on Oslo Stock Exchange ("OSE") and registered with Euronext Securities Oslo will trade ex dividend of USD 0.75 per share as of today, June 7, 2024. The dividend will be paid to shareholders on OSE on or about June 26, 2024.The shares traded on the New York Stock Exchange ("NYSE") will be traded ex dividend of USD 0.75 per share on June 10, 2024. The dividend will be paid to shareholders on NYSE on or about June ...
FLEX Augments Portfolio With the Acquisition of FreeFlow
ZACKS· 2024-06-03 13:46
Flex Inc (FLEX) recently announced the buyout of FreeFlow, which is renowned for its services in global secondary markets, specializing in asset disposition, digital circular economy tracking and reporting capabilities.The initiative is likely to augment FLEX’s service footprint across emerging markets, such as data center, enterprise and lifestyle, unlocking new sources of revenues and fostering sustainability through second life products.With more than two decades of experience, FreeFlow has effectively r ...