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Flex Ltd. - $FLEX STOCK NEWS

Welcome to our dedicated page for Flex Ltd. news (Ticker: $FLEX), a resource for investors and traders seeking the latest updates and insights on Flex Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Flex Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Flex Ltd.'s position in the market.

Rhea-AI Summary
Nextracker Inc. (Nasdaq: NXT) strengthens its Board with accomplished energy sector executives Julie Blunden and Howard Wenger, while parting ways with six Flex employee Board members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
management
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Rhea-AI Summary
Flex (NASDAQ: FLEX) Announces Spin-Off of Nextracker Inc. and Merger with Yuma Inc. with Record Date and Distribution Date Set
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
none
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Rhea-AI Summary
Nextracker (NXT) Achieves 10 GW Milestone in the Middle East, Africa, and India
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
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none
Rhea-AI Summary
Nextracker (Nasdaq: NXT) to present at 2024 Goldman Sachs Energy, CleanTech & Utilities Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
conferences
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Rhea-AI Summary
Nextracker (NXT) CEO Dan Shugar named Chief Trailblazer of the Year at S&P Global’s 25th Annual Platts Global Energy Awards for his leadership and contributions to solar technology innovation. Nextracker's proprietary technology has over 85-gigawatts capacity across six continents, helping plant owners produce more energy, lower operating costs, and deliver significant ROI advantages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
none
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Rhea-AI Summary
Ciena (CIEN) expands domestic manufacturing through an agreement with Flex (FLEX), positioning to support the U.S. government's broadband projects and create new jobs. The company will produce pluggable optical line terminals and optical network units at a Flex factory in the U.S., supporting high-speed broadband rollouts and compliance with Build America, Buy America requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
none
Rhea-AI Summary
Flex (NASDAQ: FLEX) Receives Cisco's 2023 Electronic Manufacturing Services (EMS) Partner of the Year Award at Supplier Appreciation Event (SAE)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
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none
-
Rhea-AI Summary
Nextracker announces Flex Ltd.'s plan to spin off its remaining interests in Nextracker Inc. to Flex shareholders, resulting in a separation from Flex's ownership. The transaction is expected to close in fiscal Q4, ending March 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.98%
Tags
none
-
Rhea-AI Summary
Nextracker reports record revenue and profits in Q2 and raises FY24 guidance. Q2 revenue is $573 million, up 23% YoY. Adjusted EBITDA is $110 million, up 164% YoY. Non-GAAP net income is $96 million. Nextracker launches Next Gen Tech Suite with 3 new innovations. Annual profit guidance and revenue guidance raised.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.98%
Tags
Rhea-AI Summary
Flex announces Q2 FY2024 results, with net sales of $7.5 billion and adjusted EPS of $0.68. CEO Revathi Advaithi highlights focus on margin expansion and growth in targeted markets. Guidance for Q3 includes revenue of $6.5 billion to $6.9 billion and adjusted EPS of $0.57 to $0.65. FY2024 guidance updated with total revenue of $28.1 billion to $28.8 billion and adjusted EPS of $2.49 to $2.66. Flex plans to spin-off remaining interest in Nextracker to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.98%
Tags
Flex Ltd.

Nasdaq:FLEX

FLEX Rankings

FLEX Stock Data

12.34B
418.57M
0.68%
97.53%
1.9%
Bare Printed Circuit Board Manufacturing
Manufacturing
Link
United States of America
SINGAPORE

About FLEX

flex is a leading sketch-to-scale™ solutions company that designs and builds intelligent products for a connected world. with more than 200,000 professionals across 30 countries and a promise to help the world live smarter™, the company provides innovative design, engineering, manufacturing, real-time supply chain insight and logistics services to companies of all sizes in various industries and end-markets. for more information about what’s it’s like to work at flex, please visit www.flextronics.com/careers