Investing.com - Flex reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Flex announced earnings per share of $0.63 on revenue of $7.80. Analysts polled by Investing.com anticipated EPS of $0.51 on revenue of $7.21B.
Flex shares are down 4.3% from the beginning of the year and are trading at $18.87 , down-from-52-week-high.
Flex shares gained 2.11% in after-hours trade the report.
Flex follows other major Information Technology sector earnings this month
Flex's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, compared to forecasts EPS of $2.32 on revenue of $49.86B.
Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.93 on revenue of $7.8B, compared to forecast for EPS of $1.87 on revenue of $7.57B.
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