Flex Ltd

FLEX

Equity

ISIN SG9999000020 / Valor 188067

NASDAQ (2024-09-16)

USD 29.88+0.27%

Flex Ltd
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About company

Flex Ltd is a multinational company with a global workforce operating in 30 countries, providing technology innovation, supply chain leadership, and manufacturing solutions to various industries and end markets. The company's business focuses on delivering a wide range of services and products to meet the needs of its diverse clientele.

Summarized from source with an LLMView SourceSector: Technology

Net Sales

Flex Ltd reported net sales of $6.3 billion for the first quarter of fiscal year 2025, which ended on June 28, 2024. This figure reflects the company's ability to maintain a strong revenue stream despite challenging market conditions.

Operating Income

For the first quarter of fiscal year 2025, Flex Ltd achieved a GAAP operating income of $233 million. On an adjusted basis, the operating income was $306 million, indicating effective cost management and operational efficiency.

Net Income

Flex Ltd's GAAP net income attributable to the company for the first quarter of fiscal year 2025 was $139 million. When adjusted for certain items, the net income was $211 million, showcasing the company's profitability.

Earnings Per Share

In the first quarter of fiscal year 2025, Flex Ltd reported GAAP earnings per share (EPS) of $0.34. On an adjusted basis, the EPS was $0.51, reflecting the company's strong earnings performance.

Second Quarter Guidance

For the second quarter of fiscal year 2025, Flex Ltd has provided revenue guidance in the range of $6.2 billion to $6.8 billion. The company also expects GAAP EPS to be between $0.40 and $0.48, and adjusted EPS to range from $0.52 to $0.60.

Summarized from source with an LLMView Source

Key figures

16.3%1Y

58.8%3Y

177%5Y

Performance

44.0%1Y

38.2%3Y

44.9%5Y

Volatility