Flex Ltd (FLEX) reported first-quarter fiscal 2025 adjusted earnings per share (EPS) of 51 cents, beating the Zacks Consensus Estimate by 24.4%. The bottom line compared favorably with the prior-year quarter's 47 cents per share.Revenues fell 8% year over year to $6.3 billion. However, it surpassed the consensus mark by 7%. The downside resulted from a slowdown in the Agility and Reliability Solutions business segments.Following the announcement, shares were up 6.86% and closed the session at $31.76 on Jul ...

Flex Ltd. (NASDAQ:FLEX) Q1 2025 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants David Rubin - Vice President, Investor Relations Revathi Advaithi - Chief Executive Officer Paul Lundstrom - Chief Financial Officer Jaime Martinez - Senior Vice President of Finance Conference Call Participants Samik Chatterjee - JPMorgan Matthew Sheerin - Stifel George Wang - Barclays Steven Fox - Fox Advisors Ruplu Bhattacharya - Bank of America Jacob Moore - KeyBanc Capital Markets Mark Delaney - Goldm ...

Flex (FLEX) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.39%. A quarter ago, it was expected that this electronics designer and manufacturer would post earnings of $0.55 per share when it actually produced earnings of $0.57, delivering a surprise of 3.64%.Over the last four quar ...

P R E S S R E L E A S E EXHIBIT 99.1 FLEX REPORTS FIRST QUARTER FISCAL 2025 RESULTS, ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION Austin, Texas, July 24, 2024 – 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 milli ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...