Flex(FLEX)

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FLEX Q3 Earnings Surpass Estimates, Revenues Decrease Y/Y
Zacks Investment Research· 2024-02-01 16:26
Flex Ltd (FLEX) reported third-quarter fiscal 2024 adjusted earnings per share (EPS) of 71 cents, which beat the Zacks Consensus Estimate by 14.5%. The bottom line grew 14.5% year over year.Revenues decreased 8% year over year to $7.1 billion. However, it beat the consensus mark by 5.5%. The downtick was caused by weakness across the Agility and Reliability Solutions segments.Revenues for Core Flex (which represents Flex’s total revenues excluding Flex’s 51.47% economic interest in Nextracker) was $6.4 bill ...
Flex(FLEX) - 2024 Q3 - Quarterly Report
2024-02-01 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 2 Changi South Lane, Singapore 486123 (Address of registrant's principal executive offices) (Zip Code) (65) 6876-9899 For the quarterly period ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 1 ...
Flex(FLEX) - 2024 Q3 - Earnings Call Transcript
2024-02-01 02:19
Flex Ltd. (NASDAQ:FLEX) Q3 2024 Earnings Conference Call January 31, 2024 4:30 PM ET Company Participants Revathi Advaithi - CEO Paul Lundstrom - CFO David Rubin - VP, IR Conference Call Participants Mark Delaney - Goldman Sachs Matt Sheerin - Stifel Ruplu Bhattacharya - Bank of America Steven Fox - Fox Advisors George Wang - Barclays Operator Good afternoon, and thank you for standing by. Welcome to Flex's Third Quarter Fiscal 2024 Earnings Conference Call. Presently all participants are in a listen-only m ...
Flex Announces Date for Third Quarter Fiscal 2024 Earnings Call
Prnewswire· 2024-01-08 21:05
AUSTIN, Texas, Jan. 8, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its third quarter fiscal 2024 financial results after the market closes on Wednesday, January 31, 2024. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). 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 th ...
Why Is Flex (FLEX) Stock Moving Today?
InvestorPlace· 2024-01-03 14:02
Flex (NASDAQ:FLEX) stock is moving on Wednesday after the technology, supply chain and manufacturing solutions company completed a spinoff of Nextracker (NASDAQ:NXT) to its shareholders.This saw the company divest the remaining stake it held in energy solutions company Nexttracker to investors in FLEX. That resulted in Flex shareholders obtaining .17 shares of Nexttracker for each share they own. That comes to a total of 74,432,619 shares of Nexttracker stock issued to these investors.Flex notes that with t ...
FLEX ANNOUNCES COMPLETION OF THE SPIN-OFF OF ITS REMAINING INTEREST IN NEXTRACKER
Prnewswire· 2024-01-02 14:00
AUSTIN, Texas, Jan. 2, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced the completion of the spin-off of all of its remaining interest in Nextracker Inc. ("Nextracker") to Flex shareholders on a pro rata basis. Under the previously disclosed terms of the transaction, Flex shareholders received approximately 0.17 shares of Nextracker Class A common stock for every Flex ordinary share held as of the record date of December 29, 2023, with 74,432,619 shares of Nextracker Class A common stock issued to ...
Flex(FLEX) - 2024 Q2 - Quarterly Report
2023-10-29 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 29, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-23354 FLEX LTD. (Exact name of registrant as specified in its charter) Singapore Not Applicable (State or ot ...
Flex(FLEX) - 2024 Q2 - Earnings Call Transcript
2023-10-26 01:34
Start Time: 16:30 January 1, 0000 5:14 PM ET Flex Ltd. (NASDAQ:FLEX) Q2 2024 Earnings Conference Call October 25, 2023, 16:30 PM ET Company Participants Revathi Advaithi - CEO Paul Lundstrom - CFO David Rubin - VP, IR Conference Call Participants Matt Sheerin - Stifel Steven Fox - Fox Advisors Ruplu Bhattacharya - Bank of America Samik Chatterjee - JPMorgan George Wang - Barclays Mark Delaney - Goldman Sachs Operator Good afternoon and thank you for standing by. Welcome to Flex’s Second Quarter Fiscal 2024 ...
Flex(FLEX) - 2024 Q2 - Earnings Call Presentation
2023-10-26 01:33
Q2 FY24 Earnings Presentation Quarter End: September 29, 2023 Earnings Announcement: October 25, 2023 Risks, Forward-Looking Statements and non-GAAP Disclaimers This presentation contains forward-looking statements within the meaning of U.S. securities laws, including statements related to our future financial results and our guidance for future financial performance (including expected revenues, operating income, margins and earnings per share). These forward-looking statements are based on current expecta ...
Flex(FLEX) - 2024 Q1 - Quarterly Report
2023-07-30 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-23354 FLEX LTD. (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No ...