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Flex trades lower despite FQ3 beat, raised sales outlook for fiscal '23

Jan. 26, 2023 11:28 AM ETFlex Ltd. (FLEX) StockBy: Ravikash Bakolia, SA News Editor2 Comments

Quarterly Results

Aajan

Flex (NASDAQ:FLEX) stock fell ~4% on Thursday despite FQ3 results beating estimates and the company raising its fiscal 2023 revenue outlook.

Adjusted EPS grew +24% Y/Y to $0.62, while net sales increased +17.2% Y/Y to $7.76B. Both top and bottom line beat analysts

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