Welcome to our dedicated page for Flex news (Ticker: FLEX), a resource for investors and traders seeking the latest updates and insights on Flex stock.
Flex Ltd (FLEX) delivers cutting-edge electronics design and manufacturing solutions across industries like automotive, healthcare, and data centers. This page provides investors and professionals with verified company news, including press releases and strategic updates.
Access comprehensive coverage of earnings announcements, product innovations, and supply chain developments. Our curated repository ensures you stay informed about operational milestones, leadership changes, and market expansions without speculative commentary.
Key updates include advancements in Flex Agility Solutions for consumer tech markets and Flex Reliability Solutions for industrial applications. Bookmark this page for real-time insights into how FLEX addresses power distribution challenges and scales manufacturing for AI-driven industries.
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Flex (NASDAQ: FLEX) announced the appointment of Christopher Butler as President of the Industrial Business, effective immediately. Reporting to Becky Sidelinger, Butler will oversee business planning and strategy for the Core Industrial and Power markets. He brings over 25 years of experience from Eaton Corporation, where he held leadership positions in the Critical Power and Digital Infrastructure Division. His expertise is expected to enhance growth and innovation for Flex's industrial customers.
Flex (NASDAQ: FLEX) announced its participation in two upcoming investor conferences. The Citi's 2022 Global Technology Conference will take place on September 7, 2022, with a presentation at 10:00am PT. The Goldman Sachs Communacopia + Technology Conference is scheduled for September 12, 2022, at 11:30am PT. Both presentations will be available as live webcasts on the Flex Investor Relations website, with archived replays accessible shortly after each event. Flex is known for delivering technology innovation and manufacturing solutions across diverse industries.
Flex has been awarded Lenovo EMEA Logistics Supplier of the Year for the fourth consecutive year, recognizing its effective fulfillment services that adapt to changing market demands. The award was presented at Lenovo's recent Global Logistics Suppliers Conference, highlighting Flex's ability to enhance Lenovo's supply chain amid significant challenges. Flex's services facilitated increased volumes across Lenovo's various business lines, including PCs and mobile devices, showcasing the company's resilience in a volatile market.
Flex (NASDAQ: FLEX) reported strong Q1 FY2023 results, achieving net sales of $7.3 billion, with a GAAP net income of $189 million and adjusted net income of $255 million.
The company posted GAAP EPS of $0.40 and adjusted EPS of $0.54. Looking ahead, Flex expects Q2 revenue between $7.0 billion and $7.4 billion, and updated fiscal year guidance with revenue projected at $28.4 billion to $29.4 billion.
Flex will announce its first quarter fiscal 2023 financial results after market close on July 27, 2022. A conference call will follow that day at 1:30 PM PT to discuss these results. Investors can access the live webcast on the Flex Investor Relations website, where the replay will also be available. Flex, a leading manufacturing partner, supports various industries by providing technology innovation and sustainable operations across 30 countries.
Flex (NASDAQ: FLEX) is expanding its automotive operations in Jalisco, Mexico, with a new 145,000-square-foot facility dedicated to producing advanced electronic components for electric and autonomous vehicles. This strategic hub aims to enhance manufacturing capabilities and support automotive innovation. The project underscores Flex's commitment to being a leading employer and the largest exporter in the region. The expansion reflects the company's focus on delivering technology innovation and robust supply chain solutions to meet the growing demands of the automotive industry.
Flex (NASDAQ: FLEX) will participate in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 24, 2022. The conference will feature Paul Lundstrom, CFO, and David Rubin, VP of Investor Relations, presenting at 8:30 AM PT / 11:30 AM ET. Investors can access the live webcast and archived replay via the Flex Investor Relations website. Flex is a leader in manufacturing solutions across various industries, dedicated to technology innovation and sustainable operations.
Flex (NASDAQ: FLEX) reported strong results for Q4 and FY 2022, with net sales of $6.9 billion in Q4 and $26.0 billion for the fiscal year. GAAP net income for the fourth quarter was $168 million ($0.36 per share), while the annual GAAP net income reached $936 million ($1.94 per share). Adjusted earnings per share were reported at $0.52 for Q4 and $1.96 for FY 2022. For Q1 FY 2023, revenue guidance is projected between $6.6 billion and $7.0 billion, with adjusted EPS expected to be $0.44 to $0.50.
Flex (NASDAQ: FLEX) will report its fourth quarter and fiscal 2022 earnings on May 4, 2022, after market close. A conference call will follow at 1:30 p.m. PT to discuss the results. Investors can dial 877-201-0168 with conference ID 9363531. A live webcast will be available on the Flex Investor Relations website, with a replay to follow. The company focuses on manufacturing solutions across diverse industries, emphasizing its global workforce and sustainable practices.
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