Movement Alert|Flex Ltd. Intraday Rise 5.81%, Earnings Beat and Spin-Off Progress Continue to Support Shares

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On November 11, Flex Ltd. rose 5.81% in Regular Trading, trading at $78.23 per share, with turnover of $42.7412 million.

The move was supported by continued market digestion of the company’s better-than-expected quarterly results, higher full-year guidance, and ongoing progress toward the planned separation of its cloud and power infrastructure business.

In its latest quarterly report, Flex Ltd. posted adjusted EPS of $1.18, above market expectations of about $1.05 to $1.06, while revenue reached $8.491 billion, up about 25% year over year and ahead of expectations. The company also raised full-year adjusted EPS guidance to $4.84 to $5.16, above the $4.69 consensus. In addition, Flex Ltd. previously completed the EPC Power acquisition and said the cloud and power infrastructure segment is planned to be spun off as Axiom Solutions International in the first quarter of 2027, reinforcing its exposure to AI data center and power infrastructure demand.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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