Flex Ltd. (FLEX) on Wednesday reported fiscal first-quarter earnings of $285 million.<\/p>\n
AUSTIN, Texas(AP) \u2014 AUSTIN, Texas (AP) \u2014 Flex Ltd. (FLEX) on Wednesday reported fiscal first-quarter earnings of $285 million.<\/p>\n
The Austin, Texas-based company said it had net income of 76 cents per share. Earnings, adjusted for one-time gains and costs, came to $1 per share.<\/p>\n
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share.<\/p>\n
The electronics designer and manufacturer posted revenue of $7.93 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $7.58 billion.<\/p>\n
For the current quarter ending in September, Flex expects its per-share earnings to range from $1 to $1.07.<\/p>\n
The company said it expects revenue in the range of $7.95 billion to $8.25 billion for the fiscal second quarter.<\/p>\n
Flex expects full-year earnings in the range of $4.42 to $4.74 per share, with revenue ranging from $33.7 billion to $35.2 billion.<\/p>\n
This story was generated by Automated Insights<\/a> (http:\/\/automatedinsights.com\/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLEX<\/a> at https:\/\/www.zacks.com\/ap\/FLEX<\/p>\n Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. \u00a0 \u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Flex Ltd. (FLEX) on Wednesday reported fiscal first-quarter earnings of $285 million. AUSTIN, Texas(AP) \u2014 AUSTIN, Texas (AP)…\n","protected":false},"author":2,"featured_media":390623,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133],"class_list":["post-390622","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-headlines","tag-austin-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/390622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=390622"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/390622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/390623"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=390622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=390622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=390622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}