Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
United StatesIPO:
18 March 1994Website:
http://www.flex.comNext earnings report:
31 January 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 05 Nov 2024 00:09:16 GMTDividend
Analysts recommendations
Institutional Ownership
FLEX Latest News
HAMILTON, Bermuda , Nov. 5, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the third quarter of 2024 on Tuesday November 12, 2024, on or about 07:00 CET (1:00 a.m. EST). In connection with the earnings release, a live video webcast will be held at 15:00 CET (9:00 a.m.
AUSTIN, Texas , Nov. 4, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced it received Cisco's 2024 Excellence in ESG (Environmental, Social, and Governance) award. Cisco presented this esteemed honor at its annual Supplier Appreciation Event (SAE) to a live audience of several hundred executives representing its diverse component suppliers and partners in manufacturing, logistics, services, and repair operations.
OFLX's Q3 earnings decrease as softening demand and higher fixed costs hit margins. Despite cost-cutting efforts, the company witnesses a 9.5% revenue drop and a 17.2% decline in net income.
FLEX's fiscal Q2 2025 performance is affected by continued softness across the Agility and Reliability Solutions segments.
EXTON, Pa., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company”) for the first nine months of 2024 and 2023 were $74,716,000 and $83,318,000, respectively, decreasing $8,602,000 or 10.3%. Net Sales for the three months ended September 30, 2024 were 9.5% lower than for the third quarter of 2023. The decrease in net sales was mainly due to lower sales unit volumes as the overall market continued to be suppressed because of, among other factors, a decline in housing starts.
AUSTIN, Texas , Oct. 30, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 27, 2024. Second Quarter Fiscal Year 2025 Highlights: Net Sales: $6.5 billion GAAP Operating Income: $297 million Adjusted Operating Income: $358 million GAAP Net Income attributable to Flex Ltd: $214 million Adjusted Net Income attributable to Flex Ltd: $255 million GAAP Earnings Per Share: $0.54 Adjusted Earnings Per Share: $0.64 An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release.
Leader in custom-engineered, fully integrated power distribution and protection systems Extensive modular solutions and medium voltage switchgear capabilities are synergistic to the Flex data center power portfolio Extends Flex's presence into the growing utility power market and supports further growth in the U.S. data center power market AUSTIN, Texas , Oct. 17, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has entered into a definitive agreement to acquire Crown Technical Systems, a leader in fully integrated power distribution and protection systems, for $325 million in an all-cash transaction. The transaction is expected to be accretive in the first year after closure.
HAMILTON, Bermuda , Oct. 16, 2024 /PRNewswire/ -- Flex LNG announces that CFO Knut Traaholt will be meeting with investors in the US and Canada as part of a non-deal roadshow. The presentation used is attached hereto and is also available on our web page.
FLEX introduces cutting-edge liquid-cooled servers and power solutions for sustainable data center growth.
New Flex solutions enable cloud service providers to address power, heat, and scale challenges in the AI era News summary Flex launches new compute, rack, and intermediate bus converter products for AI data centers Flex and JetCool® partner for direct-to-chip liquid cooling Flex's ORv3-compatible rack integrated with single-phase liquid cooling, enabled for two-phase liquid cooling SAN JOSE, Calif. , Oct. 14, 2024 /PRNewswire/ -- OCP Global Summit -- Flex (NASDAQ: FLEX) today announced new reference platforms for liquid-cooled servers, rack, and power products that will enable customers to sustainably accelerate data center growth.
What type of business is Flex?
Flex Ltd. provides manufacturing solutions to various brands in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise, and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution, including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions, including capital equipment, industrial devices, embedded and critical power offerings, and renewables and grid edge. In addition, it provides various services, including design and engineering, such as product design and engineering resources that provide design services, product development, systems integration services, and solutions; supply chain comprising manufacturing, customization, procurement, logistics services, and innovative supply chain solutions; manufacturing; logistics and value-added fulfillment, including warehousing and vendor managed inventory, omni-channel fulfillment, kitting, configuration, and postponement; and integrated reverse logistics and circular economy. Further, the company offers embedded and critical power solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Austin, Texas.
What sector is Flex in?
Flex is in the Technology sector
What industry is Flex in?
Flex is in the Electronic Components industry
What country is Flex from?
Flex is headquartered in United States
When did Flex go public?
Flex initial public offering (IPO) was on 18 March 1994
What is Flex website?
https://www.flex.com
Is Flex in the S&P 500?
No, Flex is not included in the S&P 500 index
Is Flex in the NASDAQ 100?
No, Flex is not included in the NASDAQ 100 index
Is Flex in the Dow Jones?
No, Flex is not included in the Dow Jones index
When was Flex the previous earnings report?
No data
When does Flex earnings report?
The next expected earnings date for Flex is 31 January 2025