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Flex Ltd. (FLEX) reported earnings for its second quarter that rose from the same period last year.


RTTNews | Oct 27, 2021 04:10PM EDT

16:10 Wednesday, October 27, 2021 (RTTNews.com) - Flex Ltd. (FLEX) reported earnings for its second quarter that rose from the same period last year.

The company's earnings came in at $336 million, or $0.69 per share. This compares with $113 million, or $0.22 per share, in last year's second quarter.

Excluding items, Flex Ltd. reported adjusted earnings of $233 million or $0.48 per share for the period.

The company's revenue for the quarter rose 4.0% to $6.23 billion from $5.99 billion last year.

Flex Ltd. earnings at a glance:

-Earnings (Q2): $233 Mln. vs. $180 Mln. last year.-EPS (Q2): $0.48 vs. $0.36 last year.-Revenue (Q2): $6.23 Bln vs. $5.99 Bln last year.

-Guidance:Next quarter EPS guidance: $0.38 to $0.44Next quarter revenue guidance: $6.1 - $6.5 BlnFull year EPS guidance: $1.70 to $1.85Full year revenue guidance: $24.8 - $25.8 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3236245/flex-ltd-bottom-line-rises-in-q2.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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