Flex (NASDAQ:FLEX) Reports Bullish Q2 CY2026 But Stock Drops - FinancialContent
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Global manufacturing solutions provider Flex ( NASDAQ: FLEX ) announced better-than-expected revenue in Q2 CY2026, with sales up 20.6% year on year to $7.93 billion. On top of that, next quarter's revenue guidance ($8.1 billion at the midpoint) was surprisingly good and 3% above what analysts were expecting. Its non-GAAP profit of $1 per share was 8.9% above analysts' consensus estimates. Is now the time to buy Flex? Find out by accessing our full research report, it's free. "This quarter reflects the continued execution of the strategy we've advanced over the last several years. From joining the S&P 500 to expanding our role in AI infrastructure, we've strengthened our position in attractive growth markets. Looking ahead, we're confident both Flex and SpinCo have the leadership, capabilities, and focus to capitalize on the significant opportunities in front of them," said Revathi Advaithi, CEO of Flex. Originally known as Flextronics until its 2016 rebranding, Flex ( NASDAQ: FLEX ) is a global manufacturing partner that designs, engineers, and builds products for companies across industries from medical devices to solar trackers. A company's long-term performance is an indicator of its overall quality. Any business can have short-term success, but a top-tier one grows for years. With $29.27 billion in revenue over the past 12 months, Flex is a behemoth in the business...
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