SINGAPORE (AP) — SINGAPORE (AP) — Flex Ltd. (FLEX) on Wednesday reported fiscal third-quarter profit of $263 million.
The Singapore-based company said it had net income of 67 cents per share. Earnings, adjusted for one-time gains and costs, came to 77 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.
The electronics designer and manufacturer posted revenue of $6.56 billion in the period.
For the current quarter ending in March, Flex expects its per-share earnings to range from 65 cents to 73 cents.
The company said it expects revenue in the range of $6 billion to $6.4 billion for the fiscal fourth quarter.
Flex expects full-year earnings in the range of $2.57 to $2.65 per share, with revenue ranging from $25.4 billion to $25.8 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLEX at https://www.zacks.com/ap/FLEX
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