{"schema_version":"secwatch.filing_event.v1","accession":"0000866374-23-000063","form_type":"8-K","ticker":"FLEX","cik":"0000866374","company_name":"FLEX LTD.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.186648+00:00","generated_at":"2026-06-09T12:41:05.073706+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Flex reports Q2 FY2024 EPS $0.68 adjusted; plans spin-off of remaining 51.47% Nextracker stake","bullets":["Q2 net sales $7.5B; GAAP EPS $0.51, adjusted EPS $0.68.","Announces spin-off of remaining ~51.47% interest in Nextracker to Flex shareholders pro rata.","Shareholders expected to receive ~0.17 Nextracker Class A shares per Flex ordinary share.","Transaction expected to close in Q4 FY2024 ending March 31, 2024, subject to conditions.","Flex delivers Merger Notice, exercising right to effect the spin-off under Merger Agreement dated Feb 7, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000866374-23-000063","json":"https://secwatch.observer/filing/0000866374-23-000063.json","markdown":"https://secwatch.observer/filing/0000866374-23-000063.md","text":"https://secwatch.observer/filing/0000866374-23-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866374/000086637423000063/0000866374-23-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866374/000086637423000063/flex-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T12:41:05.073706+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0bdf522abde72047fe74076b79c1b3217681aa56","claim":"FLEX LTD. reported second quarter ended September 29, 2023 results: revenue $7.5 billion, net income $228 million, EPS $0.51.","evidence_excerpt":"Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 29, 2023. Second Quarter Fiscal Year 2024 Highlights: • Net Sales: $7.5 billion • GAAP Operating Income: $376 million • Adjusted Operating Income: $439 million • GAAP Net Income attributable to Flex Ltd: $228 million • Adjusted Net Income attributable to Flex Ltd: $303 million • GAAP Earnings Per Share: $0.51 • Adjusted Earnings Per Share: $0.68","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866374/000086637423000063/0000866374-23-000063-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended September 29, 2023"},{"label":"Revenue","value":"$7.5 billion"},{"label":"Net income","value":"$228 million"},{"label":"EPS","value":"$0.51"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}