Flex (FLEX) Tops Q1 EPS by 6c, offers guidance

Flex (NASDAQ: FLEX) reported Q1 EPS of $0.57, $0.06 better than the analyst estimate of $0.51. Revenue for the quarter came in at $7.3 billion versus the consensus estimate of $7.28 billion.

Fiscal Year 2024 Guidance Updated

Revenue: $30.5 billion to $31.5 billion
GAAP EPS: $1.87 to $2.07
Adjusted EPS: $2.35 to $2.55 which includes $0.34 for stock-based compensation expense, $0.13 for net intangible amortization, and $0.04 for net restructuring charges, offset by ($0.03) noncontrolling interest share of subsidiary\'s non-GAAP adjustments.

For earnings history and earnings-related data on Flex (FLEX) click here.

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