Flex's Trading Volume Surges 60.13% to $321 Million, Securing 311th Position in Market Rankings

Generado por agente de IAAinvest Market Brief
miércoles, 7 de mayo de 2025, 8:00 pm ET1 min de lectura
FLEX--

On May 7, 2025, Flex's trading volume reached $321 million, marking a 60.13% increase from the previous day. This surge placed FlexFLEX-- at the 311th position in the day's stock market rankings. The company's stock price has been on an upward trajectory, rising by 3.21% and maintaining a two-day consecutive increase, with a total gain of 3.72% over the past two days.

Flex recently announced its fourth-quarter and fiscal year 2025 results, reporting net sales of $6.4 billion, a slight increase from the previous year's $6.2 billion. The company's GAAP operating income stood at $305 million, while the adjusted operating income was $396 million. Additionally, Flex reported a fiscal fourth-quarter net income of $222 million.

During the fiscal year 2025, Flex incurred $5 million related to asset impairment and $4 million related to acquisition costs. These financial metrics reflect the company's strategic investments and operational adjustments, which have contributed to its overall performance.

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