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. (NASDAQ: FLEX) generates a steady stream of news as it executes its EMS + Products + Services strategy and expands its role in technology-intensive markets. As a Singapore-incorporated, Nasdaq-listed manufacturing partner with a global footprint spanning 30 countries, Flex issues regular updates on financial performance, data center initiatives, healthcare collaborations, and capital markets activity.
Investors following FLEX news will see earnings announcements and guidance updates, including quarterly results and outlooks that the company furnishes via press releases and Form 8-K filings. These communications often discuss portfolio mix, adjusted operating margins, and the contribution of higher-value businesses such as data center infrastructure.
Flex also releases news about its data center power and cooling capabilities. Recent announcements describe deployments of rack-level, vertically integrated liquid cooling solutions at the Equinix Co-Innovation Facility, as well as a partnership with LG Electronics to co-develop integrated, modular cooling solutions for high-density AI data centers. Such updates highlight how Flex addresses power, heat, and scale challenges in AI and high-performance computing environments.
In the healthcare and drug delivery space, Flex has reported recognition for its Health Solutions business, including a 2025 PDA Drug Delivery Innovation Award for a connected autoinjector developed with Merck KGaA, Darmstadt, Germany. These stories illustrate the company’s involvement in patient-centric devices and digital health ecosystems.
Regulatory and capital markets news includes filings related to senior note issuances under its shelf registration statement, share repurchase authorizations, and annual meeting results. For investors and observers, the FLEX news feed offers a consolidated view of the company’s operational progress, strategic partnerships, and financial disclosures. Bookmarking this page allows users to monitor how Flex’s manufacturing, data center, and healthcare activities evolve over time.
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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Flex (NASDAQ: FLEX) has reaffirmed its financial guidance for the fiscal fourth quarter and full year 2022, as disclosed during its virtual Investor Day on March 30, 2022. For Q4, the company expects revenues between $6.2 and $6.6 billion, with GAAP EPS in the range of $0.32 to $0.37. For the entire fiscal year, revenue guidance remains between $25.4 and $25.8 billion, with GAAP EPS expectations of $1.90 to $1.95. Flex emphasizes commitment to meeting its previous projections amidst ongoing market challenges.
Flex (NASDAQ: FLEX) announced its virtual investor and analyst day on March 30, 2022, at 1:30 PM PT. CEO Revathi Advaithi and CFO Paul Lundstrom will present the company’s transformation journey, growth strategies, and financial targets. This event highlights Flex's commitment to strengthening its market position and capital allocation priorities. The live webcast will be accessible via the Flex Investor Relations website, with a replay and additional materials provided post-event.
Flex (NASDAQ: FLEX) has appointed Becky Sidelinger as President of its Reliability Solutions division, which encompasses Automotive, Industrial, and Health Solutions business units. Sidelinger brings over 30 years of experience from Fortune 100 companies like Honeywell and General Electric, most recently leading a $3B revenue unit at Honeywell. CEO Revathi Advaithi expressed enthusiasm for Sidelinger's expertise in regulated industries, anticipating significant value addition as Flex enhances its Reliability Solutions segment.
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Flex (NASDAQ: FLEX) has appointed Randy Clark as President of the Health Solutions Business Unit and Rob Campbell as President of the Consumer Devices Business Unit. Randy Clark, with over 20 years in the medical industry, will lead Flex's medical portfolio, focusing on devices and drug delivery. Previously, he served at Olympus Corporation. Rob Campbell, who led profitable growth at Flex for seven years, will steer the Consumer Devices sector aimed at high-volume markets. Both leaders bring extensive experience, promising to enhance Flex's business strategy and operational execution.
Flex (NASDAQ: FLEX) has secured a $500 million investment from TPG Rise Climate for its subsidiary Nextracker, valued at $3.0 billion. This partnership aims to bolster Nextracker's market position in solar tracking solutions while utilizing TPG's expertise in renewable energy. The investment involves a convertible preferred security with a 5.0% annual dividend, set to convert during a potential IPO. The transaction supports Flex's long-term growth strategy and will separate Nextracker's operations for better focus and reporting.
Flex (NASDAQ: FLEX) has appointed Patrick J. Ward to its Board of Directors, effective January 26, 2022. Ward, a former Chief Financial Officer at Cummins Inc., brings over 30 years of financial leadership experience. He has held various senior financial roles and is currently a director and chair of the audit committee at Corteva, Inc. Flex's Chair, Michael D. Capellas, highlighted Ward's proven expertise as a significant asset to the Board. This appointment is aimed at enhancing the company's financial oversight and strategic direction.
Flex (NASDAQ: FLEX) reported its third-quarter results for fiscal year 2022, revealing net sales of $6.6 billion and GAAP net income of $227 million, equating to GAAP EPS of $0.48. Adjusted metrics showed adjusted net income of $238 million and adjusted EPS of $0.50. The company provided guidance for Q4 revenue between $6.2 billion and $6.6 billion and adjusted EPS ranging from $0.41 to $0.46. For FY 2022, revenue is expected between $25.4 billion and $25.8 billion, with GAAP EPS guidance between $1.90 and $1.95.
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