Flex is trading approximately 6% up at $108.34 as investors buy the dip following a sharp post-earnings sell-off previously triggered by CEO transition concerns.
- The company reported strong fiscal 2027 Q1 results, featuring 21% revenue growth and a record $1.00 adjusted EPS.
- Management raised its full-year revenue and EPS guidance, citing robust demand for AI infrastructure and resilience across core end markets.
- Today's recovery reflects a market reassessment of the company's strong fundamentals and growth outlook over previous leadership concerns.