Edition:
United States

Flex Ltd (FLEX.OQ)

FLEX.OQ on NASDAQ Stock Exchange Global Select Market

13.38USD
29 Sep 2016
Change (% chg)

$-0.22 (-1.62%)
Prev Close
$13.60
Open
$13.62
Day's High
$13.66
Day's Low
$13.35
Volume
605,306
Avg. Vol
840,187
52-wk High
$13.79
52-wk Low
$8.85

Latest Key Developments (Source: Significant Developments)

Flex receives approval for additional share repurchases
Monday, 29 Aug 2016 04:05pm EDT 

Flextronics International Ltd : Flex receives approval for additional share repurchases .Board of directors authorized management to purchase company's shares in an aggregate amount of up to $500 million.  Full Article

Flextronics International Ltd gives Q1 2017 guidance
Thursday, 28 Apr 2016 04:02pm EDT 

Flextronics International Ltd:Says for Q1 2017, revenue is expected to be in the range of $5.5 to $5.9 billion and adjusted EPS is expected to be in the range of $0.25 to $0.29 per diluted share.Sees Q1 2017 GAAP earnings per share is expected to be lower than the adjusted EPS guidance provided herein by approximately $0.08 per diluted share.  Full Article

Flextronics International Ltd gives Q4 2016 guidance
Thursday, 28 Jan 2016 04:02pm EST 

Flextronics International Ltd:Says for Q4 2016, revenue is expected to be in the range of $5.5 to $6.1 billion and adjusted EPS is expected to be in the range of $0.25 to $0.31 per diluted share.Q4 2016 GAAP earnings per share is expected to be lower than the adjusted EPS guidance provided herein by approximately $0.07 per diluted share for estimated intangible amortization and stock-based compensation expense.  Full Article

Flextronics International Ltd expands medical design capabilities with acquisition Of Farm Design
Tuesday, 8 Dec 2015 09:00am EST 

Flextronics International Ltd:Has acquired Farm Design.  Full Article

Flextronics International Ltd acquires smart home platform Wink
Monday, 16 Nov 2015 04:01pm EST 

Flextronics International Ltd:Flex to bring the intelligence of things 'home' with wink acquisition.Says after the acquisition, wink will remain a separate entity and corporation.  Full Article

Flextronics International Ltd gives Q3 2016 guidance in line with analysts' estimates
Monday, 19 Oct 2015 04:01pm EDT 

Flextronics International Ltd:Sees Q3 2016 revenue to be in the range of $6.2 to $6.8 billion and adjusted EPS to be in the range of $0.28 to $0.34 per diluted share.Q3 2016 revenue of $6.6 billion and EPS of $0.29 - Thomson Reuters I/B/E/S.  Full Article

Flextronics International Ltd says entered into definitive agreement to acquire Nextracker
Tuesday, 8 Sep 2015 04:01pm EDT 

Flextronics International Ltd:Flex to expand its solar offering by adding innovative solar tracking solutions through the strategic acquisition of nextracker.Says has entered into a definitive agreement to acquire nextracker.Says acquisition will augment the flex energy business and contribute to its more than $1 billion in sales.Deal is expected to be accretive to flex's growth, margin, EPS and cash flow generation.Under the terms of the agreement, the initial cash consideration will be approximately $245 million.Additional $85 million of potential contingent consideration to be paid upon achievement of future performance targets.Says intends to fund the acquisition from currently available resources.Upon completion of deal, nextracker will operate as subsidiary, retaining its existing brand under leadership of Dan Shugar.  Full Article

Flextronics International Ltd receives approval for additional share repurchases
Monday, 24 Aug 2015 04:01pm EDT 

Flextronics International Ltd:Received shareholder approval to purchase up to 20% of its outstanding shares.Board authorized management to purchase the company's shares in an aggregate amount of up to $500 million.  Full Article

Flextronics International Ltd officially changes name to Flex
Friday, 24 Jul 2015 09:00am EDT 

Flextronics International Ltd:Announces that it has officially changed its name to Flex, with a promise to help the world Live smarter(tm).  Full Article

Flextronics International Ltd gives Q2 2016 guidance
Thursday, 23 Jul 2015 04:01pm EDT 

Flextronics International Ltd:Expects Q2 2016 revenue to be in the range of $5.9 to $6.5 billion and adjusted EPS is expected to be in the range of $0.22 to $0.28 per diluted share.Q2 2016 revenue of $6.2 billion and EPS of $0.25 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Flex receives approval for additional share repurchases

* Board of directors authorized management to purchase company's shares in an aggregate amount of up to $500 million Source text for Eikon: Further company coverage: