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What: Shares of electronics design and manufacturing specialist Flextronics International
So what: The company just reported second-quarter adjusted earnings of $0.22 per share on $8 billion in sales, beating analyst projections on the revenue line by about $300 million. Next-quarter sales guidance came in a bit light, which has toppled many a technologist, but all is forgiven thanks to an optimistic margins picture.
Now what: You may have heard that the PC industry is dying based on reports and business plans from Dell
Interested in more information about Flextronics International? Add it to My Watchlist.