Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Flextronics International (FLEX) -- Ignore unavailable to you. Want to Upgrade?

To: patroller who wrote (1027)	1/24/1999 11:09:00 PM
From: patroller	Read Replies (1) \| Respond to of 1422

Flextronics International Ltd. Revenue: $499.9M, + 69.5% Net income: $15.5M, + 160.8% The San Jose-based contract electronic manufacturer's record quarter placed the company on track to approach $2 billion in revenue in its fiscal 1999. Through the first nine months of the year, ended Dec. 31, Flextronics reported revenue of $1.3 billion and net income of $40 million. "I am pleased to report another record quarter," said Michael Marks, chairman and chief executive. "We continue to expand our operations and customer base around the world." In December, Flextronics acquired ABB Asea Brown Boveri's Automation Products manufacturing operations in Vasteras, Sweden, which assembles printed-circuit boards and other electronics equipment. Flextronics will assume all manufacturing operations and gain control of the existing equipment, materials, and facility.-Darrell Dunn