Investing.com - Flex (NASDAQ:FLEX) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Flex announced earnings per share of $0.49 on revenue of $6.72B. Analysts polled by Investing.com anticipated EPS of $0.3701 on revenue of $6.23B.
Flex shares are up 2% from the beginning of the year, still down 7.94% from its 52 week high of $20.03 set on January 25. They are under-performing the Nasdaq which is up 4.53% from the start of the year.
Flex shares gained 6.59% in intra-day trade following the report.
Flex follows other major Technology sector earnings this month
Flex's report follows an earnings beat by Apple on Wednesday, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.41 on revenue of $102.54B.
Microsoft had beat expectations on Tuesday with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.23B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar