|Bid||11.24 x 4000|
|Ask||0.00 x 1100|
|Day's range||11.38 - 11.77|
|52-week range||5.36 - 14.00|
|Beta (5Y monthly)||1.80|
|PE ratio (TTM)||64.38|
|Earnings date||22-Oct-2020 - 26-Oct-2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||14.57|
Flex (NASDAQ: FLEX) announced today that Paul R. Lundstrom will join the company as chief financial officer (CFO) on September 1, 2020. Mr. Lundstrom will succeed Chris Collier, who following a successful 25-year career and after serving as Flex’s chief financial officer for the past seven years, is resigning for personal reasons. Mr. Collier will stay on as an employee to support a smooth transition of the CFO position, advise on several key business initiatives and serve as a senior advisor to Revathi Advaithi, chief executive officer (CEO) of Flex for the period commencing on September 1, 2020 through March 31, 2021. Mr. Lundstrom will report directly to Ms. Advaithi and will be based out of the corporate headquarters in San Jose, California.
At this time, for opening remarks, I would like to turn the call over to Mr. David Rubin, Flex's Vice President of Investor Relations. Joining me today will be our Chief Executive Officer, Revathi Advaithi; and our Chief Financial Officer, Chris Collier.
Flex's (FLEX) Q1 results reflect negative impact of coronavirus-induced automotive shutdowns in North America and Europe.