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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 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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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.
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Flex to announce Q2 fiscal 2024 financial results on October 25, 2023
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Nextracker (NXT) to announce Q2 FY2024 financial results on October 25, 2023.
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Nextracker reaches milestone of over 5 GW of smart solar tracker systems with 80% local content for Indian utility-scale solar power generation
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Nextracker and Unimacts open new solar manufacturing facility in Las Vegas, creating over 100 jobs
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Flex publishes 2023 sustainability report, highlighting progress towards goals
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Nextracker unveils suite of next-gen innovations at RE+ 2023 tradeshow, including Hail Pro, NX Horizon XTR-1.5, and Zonal Diffuse
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Flex announces participation in investor conference
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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 $38.64 as of December 20, 2024.

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

The market cap of Flex Ltd. Ordinary Shares (FLEX) is approximately 14.5B.

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

14.50B
384.97M
0.68%
103.25%
2.54%
Electronic Components
Printed Circuit Boards
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United States of America
SINGAPORE