Flex Ltd. (FLEX) Tops Q3 EPS by 4c, Offers Q4 Guidance

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Flex Reports Third Quarter Fiscal 2020 Results

January 30, 2020 4:05 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Flex (NASDAQ: FLEX) today announced results for its third quarter ended December 31, 2019.

Third Quarter Fiscal 2020 Highlights:

Net Sales: $6.5 billion, year over year revenue down 7 percent GAAP Income Before Income Taxes: $145 million Adjusted Operating Income: $256 million GAAP Net Income: $111 million Adjusted Net Income: $193 million GAAP Earnings Per Share: $0.22 Adjusted EPS: $0.38

An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press... More