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via finance.yahoo.comMarkets

Flex beats Q2 fiscal 2027 estimates and raises outlook

FROM THE WIRE · FINANCE.YAHOO.COM

Flex Ltd. FLEX reported second-quarter fiscal 2027 adjusted earnings of $1.18 per share, up 49.4% year over year. The figure beat the Zacks Consensus Estimate of $1.05 by 12.38%. Revenues increased 24.8% year over year to $8.49 billion, surpassing the consensus mark of $8.18…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above expectations on strong AI demand, with shares up about 8% in pre-market trading.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Flex reported adjusted earnings of $1.18 per share, up 49.4% year over year.
  2. 02Revenues rose 24.8% to $8.49 billion, above the consensus of $8.18 billion.
  3. 03Adjusted operating margin expanded 110 basis points to 7.1%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Flex Ltd.FLEXStock86.96 USD-0.21%today +4.33%Positive Oracle CorporationORCLStock130.12 USD-0.40%today -0.31%Neutral Synopsys, Inc.SNPSStock483.99 USD+0.77%today +2.02%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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