May 10, 2019
Flex to Participate in Upcoming Investor Conferences
Flex (NASDAQ: FLEX) announced today that it will participate in the following investor conferences during the months of May and June: 2019 J.P. Morgan Global Technology, Media and Communications Conference Date: May 15, 2019
Location: Boston, MA
Presentation time: 11:20am PT / 2:20pm ET 2019 Bank of America Merrill Lynch Global Technology Conference Date: June 5, 2019
Location: San Francisco, CA
Presentation time: 1:20pm PT / 4:20pm ET A live webcast and replay of each event will be available on the Flex Investor Relations website at https://investors.flex.com. About Flex Flex is the Sketch-to-Scale® solutions provider that designs and builds intelligent products globally. With approximately 200,000 employees across 30 countries, Flex provides innovative design, engineering, manufacturing, real-time supply chain insight and logistics services to companies of all sizes across industries and end markets. For more...
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May 1, 2019
Flex Announces New Chief Human Resources Officer and New President of Communications and Enterprise Compute
Phil Ulrich to lead Human Resources and Raejeanne Skillern to head up networking business for 200,000 employee company Flex (NASDAQ: FLEX), announced today that Phil Ulrich has been named the Chief Human Resources Officer of the 200,000-employee manufacturing solutions provider that designs and builds intelligent products, while Raejeanne Skillern has been named president of the Communications and Enterprise Compute group. “Phil is a trusted and valued colleague, known for his expertise at solving complex business challenges,” said Revathi Advaithi, CEO of Flex. “Raejeanne will lead efforts to create new value through design-led collaboration and more direct technical engagements. These are two dynamic executives who will help Flex grow even stronger.” Flex offers manufacturing expertise, global capabilities and supply chain agility in more than 100 locations across 30 countries. Flex builds products in more than a dozen industries, including health solutions, automotive products,...
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April 30, 2019
Flex Reports Fourth Quarter and Fiscal 2019 Results
Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2019. Fourth Quarter Fiscal 2019 Highlights: Net Sales: $6.2 billion, year over year revenue down 3 percent GAAP Loss Before Income Taxes: $36 million Adjusted Operating Income: $204 million GAAP Net Loss: $64 million Adjusted Net Income: $141 million GAAP Net Loss Per Share: $0.12 Adjusted EPS: $0.27 Fiscal Year 2019 Results of Operations: Net Sales: $26.3 billion, year over year revenue up 3 percent Communications and Enterprise Compute: year over year revenue growth of 8 percent Industrial and Emerging Industries: year over year revenue growth of 4 percent High Reliability Solutions: year over year revenue growth of 1 percent Consumer Technologies Group: year over year flat GAAP Income Before Income Taxes: $182 million Adjusted Operating Income: $872 million GAAP Net Income: $93 million Adjusted Net Income: $603 million GAAP EPS: $0.18 Adjusted EPS: $1.14 An explanation and...
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