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Flex Ltd (FLEX.OQ)

FLEX.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Flex receives approval for additional share repurchases
Friday, 18 Aug 2017 04:05pm EDT 

Aug 18 (Reuters) - Flex Ltd :Flex receives approval for additional share repurchases.Flex Ltd - ‍on August 15, 2017, it received shareholder approval to purchase up to 20% of its outstanding shares​.Flex Ltd - ‍under co's current share repurchase program, board authorized repurchases of its outstanding ordinary shares for up to $500 million​.  Full Article

Flex Q1 earnings per share $0.23
Thursday, 27 Jul 2017 04:05pm EDT 

July 27 (Reuters) - Flex Ltd :Q2 earnings per share view $0.29, revenue view $6.18 billion -- Thomson Reuters I/B/E/S.Flex reports first quarter fiscal 2018 results.Q1 non-GAAP earnings per share $0.24.Q1 GAAP earnings per share $0.23.Q1 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.Sees q2 2018 adjusted earnings per share $0.24 to $0.28.Sees q2 2018 GAAP earnings per share $0.16 to $0.20.Sees q2 2018 revenue $5.9 billion to $6.3 billion.Q1 revenue $6.0 billion versus I/B/E/S view $5.93 billion.  Full Article

Flex enters into new credit agreement with Bank Of America, several banks and lenders
Friday, 30 Jun 2017 05:07pm EDT 

June 30 (Reuters) - Flex Ltd ::Flex Ltd says entered into a new $2.2525 billion credit agreement with Bank Of America, several banks and lenders - SEC filing.Flex Ltd - new credit facility matures on June 30, 2022 - SEC filing.Flex-New credit facility permits to add one or more incremental term loan facilities and/or increase revolving commitments in amount not to exceed $500 million.  Full Article

Daqri partners with Flex for production of augmented reality headsets
Tuesday, 27 Jun 2017 09:05am EDT 

June 27 (Reuters) - Flex Ltd :Daqri partners with Flex for production of augmented reality headsets.Flex -entered into an agreement to manufacture Daqri augmented reality headsets at flex facility In Cork, Ireland, beginning this summer.  Full Article

Flex reports Q4 earnings per share $0.16
Thursday, 27 Apr 2017 04:05pm EDT 

April 27 (Reuters) - Flex Ltd -:Flex reports fourth quarter and fiscal 2017 results.Q4 revenue rose 2 percent to $5.9 billion.Q4 non-gaap earnings per share $0.29.Q4 gaap earnings per share $0.16.Sees fy 2017 non-gaap earnings per share $0.29.Sees q1 2018 revenue $5.7 billion to $6.1 billion.Sees q1 2018 adjusted earnings per share $0.24 to $0.28.Q4 earnings per share view $0.29, revenue view $5.69 billion -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.30, revenue view $5.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Kerlink launches industrial partnership with Flex
Monday, 27 Feb 2017 11:40am EST 

Kerlink SAS : Launches industrial partnership with Flex .ISO certification awarded.  Full Article

Flex to further expand automotive offering
Tuesday, 21 Feb 2017 04:05pm EST 

Flex Ltd : Flex to further expand automotive offering and customer portfolio through strategic acquisition of AGM Automotive . Flex Ltd - additional terms of deal were not disclosed . Additional terms of deal were not disclosed . Flex Ltd - transaction will be immediately accretive to EPS and generate positive free cash flow .Flex Ltd - intends to fund acquisition from currently available resources.  Full Article

Flex reports Q3 earnings per share $0.24
Thursday, 26 Jan 2017 04:05pm EST 

Flex Ltd - : Flex Ltd quarterly sales $ 6,115 million versus $6,763 million last year . Q3 revenue view $6.21 billion -- Thomson Reuters I/B/E/S . Flex reports third quarter fiscal 2017 results . Q3 non-gaap earnings per share $0.34 . Q3 gaap earnings per share $0.24 . Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Sees Q4 2017 adjusted earnings per share $0.27 to $0.31 . Sees Q4 2017 revenue $5.5 billion to $5.9 billion . For Q4 ending March 31, 2017 gaap earnings per share is expected to be in range of $0.17 to $0.21 .Q4 earnings per share view $0.29, revenue view $5.69 billion -- Thomson Reuters I/B/E/S.  Full Article

Flex Ltd says entered into $700 million term loan agreement
Thursday, 1 Dec 2016 04:19pm EST 

Flex Ltd : Flex ltd - on november 30 entered into a $700 million term loan agreement . Flex ltd - term loan agreement consists of a $700 million term loan facility that matures on november 30, 2021 .Flex ltd - agreement permits company to add one or more incremental term loan facilities in an aggregate amount not to exceed $150 million.  Full Article

Flex posts Q2 adj. earnings per share $0.28
Thursday, 27 Oct 2016 04:05pm EDT 

Flex Ltd : Flex reports second quarter fiscal 2017 results . Q2 GAAP earnings per share $0.00 . Q2 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Sees Q3 2017 adjusted earnings per share $0.31 to $0.35 . Sees Q3 2017 GAAP earnings per share $0.18 to $0.22 . Q2 non-GAAP earnings per share $0.28 . Sees Q3 2017 revenue $6.0 billion to $6.4 billion . Flex Ltd - qtrly net sales $6,009 million versus $6,317 million . Q3 earnings per share view $0.33, revenue view $6.29 billion -- Thomson Reuters I/B/E/S .Q2 revenue view $6.00 billion -- Thomson Reuters I/B/E/S.  Full Article

New Relic, Ansys, Flex set to benefit from AI demand: Barron's

NEW YORK Software tool makers New Relic and Ansys , along with contract electronics maker Flex , are set to be "arms merchants" benefiting from new trends in product development, Barron's said on Sunday.