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Flex Q2 Profit Down, Yet Beats Street, Lifts FY25 Outlook Above Market; Stock Down In Pre-market
RTTNews· 2025-10-29 21:01
Flex Ltd. (FLEX), while reporting lower profit in its second quarter, but above market estimates, on Wednesday issued third-quarter outlook, and raised fiscal 2025 forecast above the Street.In the pre-market activity on the Nasdaq, Flex shares were losing around 3.5 percent to trade at $62.Looking ahead for the third quarter, the advanced manufacturing and supply chain solutions provider projects adjusted earnings per share of $0.74 to $0.80, adjusted operating income of $405 million to $435 million, and n ...