Market Overview

Flex: Q2 Earnings Insights

Share:

Shares of Flex (NASDAQ:FLEX) moved higher by 0.15% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 16.13% year over year to $0.36, which beat the estimate of $0.27.

Revenue of $5,985,000,000 decreased by 1.69% year over year, which beat the estimate of $5,550,000,000.

Looking Ahead

Flex hasn't issued any earnings guidance for the time being.

Flex hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 29, 2020

Time: 05:00 PM

ET Webcast URL: https://www.directeventreg.com/der/toRegistration.action

Price Action

52-week high: $15.62

52-week low: $5.36

Price action over last quarter: Up 20.02%

Company Overview

Flex Ltd is a contract electronics manufacturing companies, providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company operates in four segments: Communications and Enterprise Compute, Consumer Technologies Group, Industrial and Emerging Industries, and High Reliability Solutions. It generates maximum revenue from the Industrial & Emerging Industries segment. Geographically, it derives a majority of revenue from the Americas and also has a presence in Asia and Europe.

 

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Posted-In: Earnings