Wednesday, Flextronics International Ltd. (FLEX) reported third-quarter net income of $93 million or $0.11 per share.
On an adjusted basis, the company reported net income of $138 million or $0.17 per share.
On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.15 per share for the quarter. Analysts' estimates typically exclude special items.
For the quarter, the company reported net sales of $6.6 billion. Analysts expected the company to report revenue of $6.29 billion for the quarter.
For the fourth quarter, the company expects revenue to be in the range of $5.8 billion - $6.2 billion with adjusted earnings in the range of $0.13 - $0.16 per share. Analysts currently anticipate the company to earn $0.13 per share on revenue of $5.85 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.