Flex Ltd. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2020
January 30, 2020 at 04:05 pm
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Flex Ltd. provided earnings guidance for the fourth quarter of fiscal 2020. For the quarter, the company expects revenue in the range of $5.8 billion to $6.2 billion, GAAP EPS in the range of $0.19 to $0.23 which includes $0.06 for stock-based compensation expense and intangible amortization and $0.05 for estimated restructuring and other charges.
Flex Ltd. is engaged in providing a portfolio of manufacturing solutions and services. The Company operates through three segments: Flex Agility Solutions (FAS), and Flex Reliability Solutions (FRS). The FAS segment is comprised of various end markets, such as Communications, Enterprise, and Cloud (CEC), including data infrastructure, edge infrastructure and communications infrastructure; Lifestyle, including appliances, consumer packaging, floorcare, micro mobility and audio; and Consumer Devices, including mobile and high velocity consumer devices. The FRS segment consists of end markets, such as Automotive, including mobility, autonomous, connectivity, electrification, and smart technologies; Health Solutions, including medical devices, medical equipment, and drug delivery; and Industrial, including capital equipment, industrial devices, and renewables and grid edge.
FLEX LTD. 
