Flex (NASDAQ: FLEX)
Flex Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO |
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Flex Company Info
Flex Ltd. operates as a manufacturing services company. It delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. The firm operates through the following segments: Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The Flex Agility Solutions segment comprised of Communications, Enterprise and Cloud (CEC) includes data infrastructure, edge infrastructure and communications infrastructure, Lifestyle includes appliances, consumer packaging, floorcare, micro mobility and audio and, Consumer Devices include mobile and high velocity consumer devices. The Flex Reliability Solutions segment comprised of Automotive includes autonomous, connectivity, electrification, and smart technologies, Health Solutions includes medical devices, medical equipment and drug delivery and Industrial includes capital equipment, industrial devices, renewable including Nextracker business, grid edge, and power systems. The company was founded in May 1990 and is headquartered in Singapore.
News & Analysis
Why Flex Stock Popped Today
Flex announced strong quarterly earnings along with a plan to spin off its stake in Nextracker. Here's what investors need to know.
The Global Semiconductor Shortage Could Extend Into 2023
Manufacturing space at semiconductor foundries is limited, and some industries are feeling the squeeze.
Nasdaq Treads Water as Flex Lights Up, First Citizens Climbs on CIT Buy
The tech-heavy index managed to hold onto its gains for the week.
Why Flex Stock Is Rising Today
Flex benefited from bullish comments by Wall Street analysts.
Why Flex Stock Jumped Today
The contract manufacturer's results were hurt by the coronavirus outbreak, but Flex was still able to beat earnings expectations.
Why Shares of Flex Ltd. Jumped Today
Revenue was down, but the company sees the bottom line holding up better than expected.
Why Flex Ltd. Stock Fell 40% Last Month
The Singapore-based manufacturing giant reported a decent second quarter but will fall far short of Wall Street's original expectations for the next couple of reports.
Why Shares of Flex Ltd. Are Plummeting Today
A decent quarter was marred by weak guidance and other bad news.
Valuation
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