Flex (FLEX) reported fiscal Q3 adjusted earnings Wednesday of $0.77 per diluted share, up from $0.54 a year earlier.
Analysts polled by FactSet expected $0.63.
Revenue for the quarter ended Dec. 31 was $6.56 billion, compared with $6.42 billion a year earlier.
Analysts surveyed by FactSet expected $6.21 billion.
The company said it expects fiscal Q4 adjusted earnings per share of $0.65 to $0.73. Analysts surveyed by FactSet expect $0.66. The company expects revenue for the quarter of $6 billion to $6.4 billion. Analysts polled by FactSet expect $6.16 billion.
For fiscal 2025, the company raised its adjusted earnings per share guidance to $2.57 to $2.65 from $2.39 to $2.51. Analysts surveyed by FactSet expect $2.46. The company increased its revenue guidance for the year to $25.4 billion to $25.8 billion from $24.9 billion to $25.5 billion. Analysts polled by FactSet expect $25.23 billion.
FLEX shares were up 8% in recent premarket activity.
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