Flex Q3: Not Enough Growth, Investors Didn't Like It
Core Viewpoint - Flex Ltd. reported Q3 results showing underwhelming top-line growth but improved profitability and an increase in guidance [1] Financial Performance - The company experienced a double beat in its earnings report, indicating better-than-expected performance in both revenue and earnings [1] - Despite the lack of significant revenue growth, profitability metrics showed improvement, suggesting better cost management or operational efficiency [1] Future Outlook - Flex Ltd. raised its guidance for future performance, indicating management's confidence in the company's trajectory moving forward [1]