Flex Ltd. Surpasses Q2 Expectations And Lifts FY25 EPS Guidance: Details

Flex Ltd. (NASDAQ:FLEX) shares are trading higher after the company reported better-than-expected second-quarter financial results and raised its full-year earnings guidance.

The company reported adjusted earnings per share 64 cents, beating the analyst consensus estimate of 56 cents. Quarterly sales of $6.545 billion beat the street view of $6.532 billion.

The company registered a second-quarter gross profit of $531 million, higher than the $519 million reported in the year-ago period.

Flex exited the quarter with cash and ...