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Flex Ltd. Ordinary Shares - FLEX STOCK NEWS

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

Flex Ltd. (NASDAQ: FLEX) is a leading sketch-to-scale™ solutions company that designs and builds intelligent products for a connected world. With a global workforce of over 200,000 professionals across 30 countries, Flex provides innovative design, engineering, manufacturing, real-time supply chain insight, and logistics services. The company's diverse client base spans across various industries and end-markets, showcasing its versatility and comprehensive capabilities.

The company operates through two main segments: Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). Flex Agility Solutions addresses markets such as Communications, Enterprise and Cloud, Lifestyle, and Consumer Devices. Meanwhile, Flex Reliability Solutions focuses on Automotive, Health Solutions, and Industrial markets.

Flex’s core business revolves around contract manufacturing, offering extensive electronics design, manufacturing, and product management services to electronics and technology companies. This allows clients to focus on core activities while Flex handles the complexities of product lifecycle management, from initial design to final production and logistics.

Recent achievements include a significant announcement on April 8, 2024, where Flex declared it would reveal its fourth quarter and fiscal 2024 financial results on May 1, 2024. Notably, Flex's CEO Revathi Advaithi highlighted the company’s strong margin expansion and EPS growth for the fiscal year, emphasizing its ability to navigate economic cycles effectively.

Another milestone is the acquisition of FreeFlow on May 31, 2024. FreeFlow enhances Flex’s services in asset disposition and digital circular economy tracking. This acquisition enables Flex to expand its reverse logistics and sustainability analytics, furthering its commitment to delivering high-value, sustainable solutions to its clients.

Flex's commitment to innovation and sustainability is evident through its diverse product offerings and strategic partnerships. The company is poised to continue its growth trajectory, driven by its strong operational foundation and strategic initiatives aimed at increasing stakeholder value.

For more information about working at Flex, please visit www.flextronics.com/careers.

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Nextracker Inc. (Nasdaq: NXT) completes spin-off from Flex Ltd., resulting in ownership separation.
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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.
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Flex (NASDAQ: FLEX) Announces Spin-Off of Nextracker Inc. and Merger with Yuma Inc. with Record Date and Distribution Date Set
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Nextracker (NXT) Achieves 10 GW Milestone in the Middle East, Africa, and India
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Nextracker (Nasdaq: NXT) to present at 2024 Goldman Sachs Energy, CleanTech & Utilities Conference
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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.
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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.
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Flex (NASDAQ: FLEX) Receives Cisco's 2023 Electronic Manufacturing Services (EMS) Partner of the Year Award at Supplier Appreciation Event (SAE)
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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.
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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.
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FAQ

What is the current stock price of Flex Ltd. Ordinary Shares (FLEX)?

The current stock price of Flex Ltd. Ordinary Shares (FLEX) is $40.53 as of November 21, 2024.

What is the market cap of Flex Ltd. Ordinary Shares (FLEX)?

The market cap of Flex Ltd. Ordinary Shares (FLEX) is approximately 16.0B.

What does Flex Ltd. do?

Flex Ltd. is a sketch-to-scale™ solutions company that designs and builds intelligent products for a connected world, providing design, engineering, manufacturing, supply chain, and logistics services.

What markets does Flex Ltd. serve?

Flex Ltd. serves various markets through its Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS) segments, including Communications, Enterprise and Cloud, Lifestyle, Consumer Devices, Automotive, Health Solutions, and Industrial.

Where can I find Flex Ltd.'s latest financial results?

Flex Ltd.'s latest financial results are available on their Investor Relations website at investors.flex.com.

How many employees does Flex Ltd. have?

Flex Ltd. has a global workforce of over 200,000 professionals across 30 countries.

What recent acquisitions has Flex Ltd. made?

In May 2024, Flex Ltd. acquired FreeFlow, a company specializing in asset disposition and digital circular economy tracking, enhancing Flex’s services in reverse logistics and sustainability analytics.

Who is the CEO of Flex Ltd.?

Revathi Advaithi is the CEO of Flex Ltd.

What is Flex Ltd.'s approach to sustainability?

Flex Ltd. is committed to sustainability through innovative design, engineering, and lifecycle management services, including the recent addition of sustainability analytics and circular economy solutions.

Where can I find more information on career opportunities at Flex Ltd.?

For more information about career opportunities at Flex, you can visit www.flextronics.com/careers.

How does Flex Ltd. support its diverse customer base?

Flex Ltd. supports its diverse customer base by offering comprehensive design, engineering, manufacturing, supply chain, and logistics services across different industries and end-markets.

What are Flex Agility Solutions and Flex Reliability Solutions?

Flex Agility Solutions (FAS) serves markets like Communications, Enterprise and Cloud, Lifestyle, and Consumer Devices. Flex Reliability Solutions (FRS) caters to Automotive, Health Solutions, and Industrial markets.

Flex Ltd. Ordinary Shares

Nasdaq:FLEX

FLEX Rankings

FLEX Stock Data

15.96B
384.97M
0.68%
103.12%
2.47%
Electronic Components
Printed Circuit Boards
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United States of America
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