Flex Reports Second-Quarter Sales of $8.49 Billion
Flex reported sales of $8.49 billion for the second quarter.
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Flex reported sales of $8.49 billion for the second quarter.
Associated Banc reported GAAP EPS of $0.76 and adjusted EPS of $0.81 for Q3 2026. Net interest income rose $7 million, while net interest margin increased 3 basis points to 3.2%.
Neptune Insurance reported Q3 revenue up 34% year over year to $59.6 million and adjusted EBITDA up 38% to $36.8 million. It raised 2026 guidance to $204 million in revenue and an adjusted EBITDA margin above 61%, and forecast 2027 revenue of $238 million.
SmartFinancial reported third-quarter operating earnings of $18.6 million, or $1.10 per diluted share, and record operating revenue of $57.5 million. Organic loans grew at a 15% annualized rate, while core deposits grew at 12% annualized.
ServisFirst Bancshares reported third-quarter net income of $87.3 million, or $0.80 per diluted share. Loans topped $14.7 billion, up at a 10% annualized rate, while net interest margin was 3.63%.
Dynex Capital said third-quarter book value declined 15.4% to $10.91 per share, with a negative total economic return of 11.4%. It also raised $116 million through a Series D preferred stock offering.
Citizens Financial Group reported Q3 2026 EPS of $1.41, up 8.5% sequentially and 34% year over year, and record revenue. The board raised the dividend 13% to $0.52 per share and increased common-share repurchase capacity by $1.3 billion to $1.95 billion.
Ericsson reported third-quarter organic sales growth of 7%, a gross margin of 47.7% and an EBITDA margin of 17%. The company also announced organizational changes, including a new Asia Pacific market area and changes to Enterprise Wireless Solutions.
Quebecor reported Q2 2026 net income attributable to shareholders of $200 million, up 24%, and EBITDA excluding stock-based compensation of $691 million, up 10%. Its board raised the quarterly dividend on A and B shares from $0.40 to $0.45.
Hertz reported Q2 revenue up 10% year over year and adjusted corporate EBITDA of $81 million, a $63 million improvement. Revenue and EBITDA were above its latest guidance, with revenue also ahead of consensus.
Adyen reported H1 net revenue growth of 21% on a constant-currency basis and EBITDA of 642 million euros, with a 49% margin excluding transaction costs. It reiterated full-year net revenue growth guidance of 21%–23% and said it aims for an EBITDA margin above 55% by 2028.
Atlassian said fourth-quarter fiscal 2026 revenue rose 28% year over year to $1.8 billion, while cloud revenue increased 31% to $1.2 billion. The company guided to 18% subscription ARR growth for FY2027.
Twilio reported Q2 revenue of $1.5 billion, with organic revenue growth of 17% year over year. It raised its full-year organic revenue growth target to 13–13.5% and reported revenue growth target to 18–18.5%.
Cable One reported second-quarter 2026 revenue of $348.9 million, compared with $381.1 million in the same quarter of 2025. The company also reported a net loss of 17,000 residential broadband customers amid elevated churn.
Trade Desk reported Q2 2026 revenue of $715 million, up 3% year over year, and adjusted EBITDA of $241 million. It forecast Q3 revenue of at least $650 million and adjusted EBITDA of $160 million.
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