Flex(FLEX)

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Flex (FLEX) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-30 14:20
Flex (FLEX) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this electronics designer and manufacturer would post earnings of $0.41 per share when it actually produced earnings of $0.51, delivering a surprise of 24.39%. Over the last four qu ...
Flex(FLEX) - 2025 Q2 - Quarterly Results
2024-10-30 12:11
P R E S S R E L E A S E EXHIBIT 99.1 FLEX REPORTS SECOND QUARTER FISCAL 2025 RESULTS Austin, Texas, October 30, 2024 – Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 27, 2024. Second Quarter Fiscal Year 2025 Highlights: • Net Sales: $6.5 billion • GAAP Operating Income: $297 million • Adjusted Operating Income: $358 million • GAAP Net Income attributable to Flex Ltd: $214 million • Adjusted Net Income attributable to Flex Ltd: $255 million • GAAP Earnings Per Share: $0.54 ...
FLEX REPORTS SECOND QUARTER FISCAL 2025 RESULTS
Prnewswire· 2024-10-30 12:05
AUSTIN, Texas, Oct. 30, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 27, 2024. Second Quarter Fiscal Year 2025 Highlights: Net Sales: $6.5 billion GAAP Operating Income: $297 million Adjusted Operating Income: $358 million GAAP Net Income attributable to Flex Ltd: $214 million Adjusted Net Income attributable to Flex Ltd: $255 million GAAP Earnings Per Share: $0.54 Adjusted Earnings Per Share: $0.64 An explanation and reconciliation of non-GAAP fina ...
Flex to Acquire Crown Technical Systems
Prnewswire· 2024-10-17 13:05
Leader in custom-engineered, fully integrated power distribution and protection systemsExtensive modular solutions and medium voltage switchgear capabilities are synergistic to the Flex data center power portfolioExtends Flex's presence into the growing utility power market and supports further growth in the U.S. data center power marketAUSTIN, Texas, Oct. 17, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has entered into a definitive agreement to acquire Crown Technical Systems, a leader ...
Flex LNG - Company presentation October 2024
Prnewswire· 2024-10-16 15:16
HAMILTON, Bermuda, Oct. 16, 2024 /PRNewswire/ -- Flex LNG announces that CFO Knut Traaholt will be meeting with investors in the US and Canada as part of a non-deal roadshow. The presentation used is attached hereto and is also available on our web page.For further information, please contact:Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management AS Telephone: +47 23 11 40 00 Email: [email protected] About FLEX LNGFlex LNG is a shipping company focused on the growing market for Liquefied Natural ...
Flex Unveils New Solutions for AI Workloads, Partners With JetCool
ZACKS· 2024-10-16 13:35
Flex Ltd. (FLEX) recently unveiled innovative reference platforms designed to address the challenges of power, heat generation and scale in modern data centers. These platforms are engineered with sustainability in mind, offering advanced solutions for liquid-cooled servers, rack systems and power products. Flex’s new liquid-cooled server designs, power modules and rack systems aim to support hyperscalers and data center operators by addressing the technical complexities associated with powering and cooling ...
Flex Announces Liquid-Cooled Rack and Power Solutions for AI Data Centers at 2024 OCP Global Summit
Prnewswire· 2024-10-14 14:36
New Flex solutions enable cloud service providers to address power, heat, and scale challenges in the AI eraNews summary Flex launches new compute, rack, and intermediate bus converter products for AI data centersFlex and JetCool® partner for direct-to-chip liquid coolingFlex's ORv3-compatible rack integrated with single-phase liquid cooling, enabled for two-phase liquid coolingSAN JOSE, Calif., Oct. 14, 2024 /PRNewswire/ -- OCP Global Summit -- Flex (NASDAQ: FLEX) today announced new reference platforms fo ...
Mopar at SEMA 2024 - Chapter 2: Muscle Flex
Prnewswire· 2024-10-09 14:00
AUBURN HILLS, Mich. , Oct. 9, 2024 /PRNewswire/ -- What kind of future is there for a legendary muscle car? A concept from Mopar may show the answer.MoparMopar is the global name for Stellantis genuine parts and authentic accessories.Mopar at SEMA 2024 – Chapter 2: Muscle Flex. What kind of future is there for a legendary muscle car? A concept from Mopar may show the answer.A simple combination of the words MOtor and PARts, Mopar offers exceptional service, parts and customer-care. Born in 1937 as the name ...
FLEX LNG: LNG Shipping Idea For Income-Minded Investors; Rating Unchanged
Seeking Alpha· 2024-10-05 08:28
Note: I previously covered FLEX LNG (NYSE: FLNG ) in April. In the article, I wrote about FLNG's strengths: its high-spec fleet, attractive dividends, and healthy balance sheet. The company offered a good balance between fleet qualities, LTV, yields, and valuation. In April, FLNG traded at 103% PNAV. I gaveI am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown ...
FLEX LNG: 12% Yield, Tailwinds
Seeking Alpha· 2024-10-04 13:15
With Hidden Dividend Stocks Plus he scours the world's markets to find solid income opportunities with dividend yields ranging from 5% to 10% or more, backed by strong earnings. Features include: a portfolio with up to 40 holdings at a time including links to associated articles, a dividend calendar, weekly research articles, exclusive ideas, and trade alerts. Learn More .Robert Hauver, MBA, aka “Double Dividend Stocks” was VP of Finance for an industry-leading corporation for 18 years and has been investin ...