Q1 fiscal 2027 saw 21% revenue growth and record adjusted EPS, with all segments expanding margins. The CPI segment is set for 65%-75% growth this year, driven by AI infrastructure demand and robust bookings. Strategic investments and capacity expansions support strong guidance for FY27.Based on Fl…
Q1 fiscal 2027 saw 21% revenue growth and record adjusted EPS, with all segments expanding margins. CPI segment led with 35% growth and is on track for 65%-75% annual growth, supported by strong AI infrastructure demand and capacity investments. Guidance for FY27 was raised across revenue, margin…
Q1 net sales rose 21% year-over-year to $7.9B, with record adjusted EPS of $1.00 and strong operating margins. FY27 guidance was raised, reflecting confidence in growth and the planned spin-off, though risks remain from macroeconomic and industry factors.Original document: Flex Ltd. [FLEX] SEC 8-K…
Global manufacturing solutions provider Flex NASDAQ:FLEX will be reporting results this Wednesday morning. Here’s what investors should know.Flex beat analysts’ revenue expectations last quarter, reporting revenues of $7.48 billion, up 16.9% year on year. It was an exceptional quarter for the compa…
What Happened? Shares of global manufacturing solutions provider Flex NASDAQ:FLEX jumped 7.8% in the afternoon session after the company announced an expanded manufacturing partnership with Cerebras Systems to scale production of advanced AI supercomputers in the United States.The collaboration wil…
