Price: $25.9800
$0.53
2.083%
|
Day's High:
| $26.14
| Week Perf:
| -2.59 %
|
Day's Low: |
$ 25.30 |
30 Day Perf: |
0.78 % |
Volume (M): |
2,961 |
52 Wk High: |
$ 28.90 |
Volume (M$): |
$ 76,924 |
52 Wk Avg: |
$24.55 |
Open: |
$25.45 |
52 Wk Low: |
$19.44 |
|
|
Market Capitalization (Millions $) |
11,639 |
Shares
Outstanding (Millions) |
448 |
Employees |
200,000 |
Revenues (TTM) (Millions $) |
29,997 |
Net Income (TTM) (Millions $) |
1,217 |
Cash Flow (TTM) (Millions $) |
447 |
Capital Exp. (TTM) (Millions $) |
658 |
Flex Ltd
We are a globally-recognized, provider of Sketch-to-Scaletm services - innovative
design, engineering, manufacturing, and supply chain services and solutions -
from conceptual sketch to full-scale production. We design, build, ship and service
complete packaged consumer and enterprise products, from athletic shoes to electronics,
for companies of all sizes in various industries and end-markets, through our
activities in the following segments:
Communications & Enterprise Compute ("CEC"), which includes our
telecom business of radio access base stations, remote radio heads, and small
cells for wireless infrastructure; our networking business which includes optical,
routing, broadcasting, and switching products for the data and video networks;
our server and storage platforms for both enterprise and cloud-based deployments;
next generation storage and security appliance products; and rack level solutions,
converged infrastructure and software-defined product solutions;
Consumer Technologies Group ("CTG"), which includes our consumer-related
businesses in connected living, wearables, gaming, augmented and virtual reality,
fashion and apparel, and mobile devices; and including various supply chain
solutions for notebook personal computers, tablets, and printers;
Industrial and Emerging Industries ("IEI"), which is comprised of
energy including advanced metering infrastructure, energy storage, smart lighting,
electric vehicle infrastructure, smart solar energy, semiconductor and capital
equipment, office solutions, industrial, home and lifestyle, industrial automation,
and kiosks; and
High Reliability Solutions ("HRS"), which is comprised of our health
solutions business, including consumer health, digital health, disposables,
precision plastics, drug delivery, diagnostics, life sciences and imaging equipment;
our automotive business, including vehicle electrification, connectivity, autonomous
vehicles, and clean technologies.
These segments represent components of the Company for which separate financial
information is available that is utilized on a regular basis by the Chief Operating
Decision Maker (“CODM”). Our segments are determined based on several
factors, including the nature of products and services, the nature of production
processes, customer base, delivery channels and similar economic characteristics.
We provide our advanced design, manufacturing and supply chain services through
a network of over 100 facilities in approximately 35 countries across four continents.
We have established this extensive network of design and manufacturing facilities
in the worlds major consumer and enterprise products markets (Asia, the Americas,
and Europe) in order to serve the supply chain needs of both multinational and
regional companies. Our services provide our customers with a competitive advantage
by delivering improved product quality, increased flexibility, leading-edge
manufacturability, improved performance, faster time-to-market, and competitive
costs. Our customers leverage our services to meet their requirements throughout
their products entire life cycles.
Our expertise is Sketch-to-Scaletm services: design, manufacture, and supply
chain services for a broad range of products, from electronics to athletic shoes.
Although Flex has evolved beyond traditional EMS, the majority of our customers
are electronics original equipment manufacturers ("OEMs"); as such,
the closest broad definition of our industry remains the outsourced EMS industry.
Our expertise is Sketch-to-Scaletm services: design, manufacture, and supply
chain services for a broad range of products, from electronics to athletic shoes.
Although Flex has evolved beyond traditional EMS, the majority of our customers
are electronics original equipment manufacturers ("OEMs"); as such,
the closest broad definition of our industry remains the outsourced EMS industry.
EMS has experienced significant change and growth as an increasing number of
companies elect to outsource some or all of their design, manufacturing, and
after-market services requirements. In recent years, we have seen an increased
level of diversification by many companies, primarily in the technology sector.
Companies that have historically identified themselves as software providers,
internet service providers, or e-commerce retailers are entering the highly
competitive and rapidly evolving hardware markets, with products including mobile
devices, home entertainment products, and wearable devices.
We offer a broad range of customizable services to our customers. We believe
that Flex has the broadest worldwide end-to-end supply chain solution capabilities
in the industry, from concept design resources to aftermarket services. We believe
a key competitive advantage is the Flex Platform, which is our system for improving
customer competitiveness by providing superior speed, scope, and scale:
Speed: Our sophisticated supply chain management tools and expertise allow us
to provide customers with access to real-time information that increases visibility
throughout the entire product lifecycle, reducing risk while accelerating execution.
Scope: Our end-to-end services, from Sketch-to-Scaletm, include design and innovation
services, engineering, logistics, and supply chain management. Our deep industry
knowledge and multi-domain expertise accelerates the entire process of producing
increasingly complex products for increasingly interconnected industries.
Scale: Our physical infrastructure includes over 100 facilities in approximately
35 countries, staffed by approximately 200,000 employees, providing our customers
with truly global scale and strategic geographic distribution capabilities.
We offer global economies of scale in procurement, manufacturing and after-market
services, as well as market-focused expertise and capabilities in design and
engineering. As a result of our extensive experience in specific markets, we
have developed deep understanding of complex market dynamics, giving us the
ability to anticipate trends that impact our customers businesses. Our expertise
can help improve our customers market positioning by effectively adjusting
product plans and roadmaps to efficiently and cost-effectively deliver high
quality products that meet their time-to-market requirements.
Our services include all processes necessary to design, build, ship and service
complete packaged consumer electronics and industrial and consumer products
for our customers.
These services include:
Innovation Services. This area of our business has seen increased investment
and focus over the past six years. We provide a comprehensive set of services
that enable companies, from startups to multinationals, to successfully innovate,
create new products and solutions, and gain access to new markets. These services
span the entire product introduction and solution lifecycle by providing access
to new technologies, accelerating product development from early concepts to
final production-ready design, and providing advanced manufacturing and testing
for new product introduction and market access to grow our customers offerings.
We launched the Silicon Valley Open Innovation Initiative to create an ecosystem
of customers, suppliers and design tool makers to drive new product innovation
technologies that improve productivity, cost and time-to-market. As part of
this initiative, we founded the Silicon Valley Open Innovation Summit.
Company Address: 2 Changi South Lane, Singapore 486123
Company Phone Number: 6876-9899 Stock Exchange / Ticker: NASDAQ FLEX
FLEX is expected to report next financial results on January 26, 2024. |
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Customers Net Income grew by |
FLEX's Customers Net Profit Margin grew to |
96.23 % |
29.5 %
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Stock Performances by Major Competitors |
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Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd, a leading provider of secure and high-speed connectivity solutions, recently announced its financial results for the second quarter of fiscal year 2024, which ended on October 28, 2023. Despite reporting a wider loss of $-0.04 per share compared to $-0.02 per share a year ago, the company managed to improve its EPS from $-0.08 per share from the previous reporting season. However, the revenue for the period decreased significantly by -16.064% to $43.12 million from $51.37 million compared to the same reporting season a year ago. On a positive note, sequential revenue improved by 23.935% from $34.79 million. The net loss for the most recent fiscal period was $-6.623 million, which is higher than the net loss of $-3.360 million recorded in the previous year.
|
Kopin Corporation
Kopin Corporation, a leading provider of application-specific optical solutions, recently released its financial results for the fiscal third quarter of 2023. The company experienced a decrease in turnover, resulting in diminishing revenue and increased shortfall. In this article, we will analyze the key facts from the financial results and put them into context, keeping in mind the recent market performance of Kopin Corporation. Financial Results: In the fiscal third quarter of 2023, Kopin Corporation reported a loss per share of $-0.02, which is an improvement from the previous quarter's loss per share of $-0.07. However, compared to the same quarter a year ago, the company incurred a higher shortfall of -$2.450 million, as opposed to a deficit of -$6.149 million.
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Semileds Corp
Semileds Corp, a Semiconductors company based in HSINCHU, Taiwan, recently released its financial results for the most recent fiscal period. Let's take a closer look at the key points and analyze what these results mean. In terms of earnings per share (EPS), the company reported a loss of $-0.17 per share for the most recent fiscal period. This is a significant improvement compared to the loss of $-0.25 per share from the previous year. However, the company's deficit grew from $-0.15 per share in the previous reporting period.
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Analog Devices Inc
Analog Devices Inc (ADI) has recently disclosed its financial results for the fiscal interval closing on October 28, 2023. The company reported a significant decline in both its top and bottom lines. Year-on-year, the income per share plummeted by -44.76% and revenue by -16.34%. The revenue for this period was $2.72 billion, compared to $3.25 billion in the previous year, with the earnings per share (EPS) recorded at $1.00, down from $1.82 in the corresponding time frame. Compared to the previous quarter, profit fell by -42.37%, from $1.74 per share, and revenue deteriorated by -11.659%, from $3.08 billion. The bottom line for the fiscal interval closing on October 28, 2023, was $498.430 million, a significant decrease of -46.76% from $936.226 million in the same period the previous year. Looking further into Analog Devices Inc's profitability, the operating margin mitigated to 23.35%, and the net margin shrank to 18.34%. The inventories decreased to $1,642.2 million from the previous quarter, which still marks an increase relative to the same period a year ago. However, due to the seasonal nature of the business, this decline is not unusual. The operating earnings fell -42.46% to $634.415 million, leading to a squeeze on Analog Devices Inc's operating margin, which decreased to 23.35% from 33.95% in the fourth quarter of 2022. Additionally, the level of accounts receivable declined to $1,469.7 million, leading some analysts to believe that it is due to slowing demand.
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Nvidia Corp
Nvidia Corp, a prominent semiconductor company, has experienced a significant increase in its stock price over the past few months. Shares of Nvidia Corp have risen by 6.34% in the past three months and an impressive 160.38% over the past 12 months, reaching a 52-week high. This upward trend in the stock price suggests that the company has been performing well and attracting investor confidence. One of the contributing factors to Nvidia Corp's growth is its improved earnings in the August to October 2023 three-month reporting season compared to the same period a year ago. The company's income per share soared by an impressive 1274.07% to $3.71, while revenue also saw a significant increase of 205.513% to $18.12 billion. In contrast to many other companies in the semiconductor industry, Nvidia Corp has managed to resist the trend of business contraction and achieve revenue advancement. This sets Nvidia Corp apart from its industry peers and indicates its strong performance.
|
Per Share |
Current |
Earnings (TTM) |
1.73 $ |
Revenues (TTM) |
66.96 $
|
Cash Flow (TTM) |
1 $ |
Cash |
6.47 $
|
Book Value |
14.19 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
1.73 $
|
Revenues (TTM) |
66.96 $ |
Cash Flow (TTM) |
1 $ |
Cash |
6.47 $
|
Book Value |
14.19 $ |
Dividend (TTM) |
0 $ |
|
|
|
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