FlexNASDAQ: FLEX

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

IRVINE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- ReShape Lifesciences ® (Nasdaq: RSLS), the premier physician-led weight loss and metabolic health solutions company, today announced that Health Canada has updated the Medical Device License granting approval for the company's next generation, enhanced Lap-Band® 2.0 FLEX and Tubing Kit.

HAMILTON, Bermuda , Nov. 7, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") (NYSE: FLNG) (OSE: FLNG) is pleased to announce it has agreed with the Charterer of Flex Courageous and Flex Resolute, a Supermajor, to amend the existing Time Charter Agreements ("TC") for the two LNG carriers where the parties have agreed a new firm period from 2029 to 2032 which may be extended by an additional seven years in total until 2039. As communicated by the Company on November 1, 2021, Flex LNG and the Charterer then agreed TCs for the two ships with commencement during the first quarter of 2022 where the firm period was three years for each of the LNG carriers and where the Charterer could extend each ship by two additional two-year periods.

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.