Investing.com - Flex reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Flex announced earnings per share of $0.49 on revenue of $6.3B. Analysts polled by Investing.com anticipated EPS of $0.3629 on revenue of $5.82B.
Flex shares are down 5% from the beginning of the year and are trading at $17.74 , down-from-52-week-high.They are under-performing the Nasdaq which is up 5.78% from the start of the year.
Flex shares gained 4.48% in pre-market trade the report.
Flex follows other major Technology sector earnings this month
Flex's report follows an earnings beat by Apple on Wednesday, April 28, 2021, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar