01.05.2024 14:11:29 - dpa-AFX: Flex Ltd. Profit Advances In Q4
SINGAPORE (dpa-AFX) - Flex Ltd. (FLEX) announced earnings for its fourth
quarter that increased from last year
The company's earnings came in at $395 million, or $0.93 per share. This
compares with $142 million, or $0.31 per share, in last year's fourth quarter.
Excluding items, Flex Ltd. reported adjusted earnings of $244 million or $0.57
per share for the period.
The company's revenue for the quarter fell 11.6% to $6.17 billion from $6.98
billion last year.
Flex Ltd. earnings at a glance (GAAP) :
-Earnings (Q4): $395 Mln. vs. $142 Mln. last year.
-EPS (Q4): $0.93 vs. $0.31 last year.
-Revenue (Q4): $6.17 Bln vs. $6.98 Bln last year.
-Guidance:
Next quarter EPS guidance: $0.37 - $0.45
Next quarter revenue guidance: $5.6 - $6.2 Bln
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX