Flex Ltd. (FLEX) Tops Q1 EPS by 6c; Guides Above Views

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Flex Reports First Quarter Fiscal 2021 Results

July 30, 2020 4:05 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Flex (NASDAQ: FLEX) today announced results for its first quarter ended June 26, 2020.

First Quarter Fiscal Year 2021 Highlights:

Net Sales: $5.2 billion GAAP Income Before Income Taxes: $67 million Adjusted Operating Income: $163 million GAAP Net Income: $52 million Adjusted Net Income: $116 million GAAP Earnings Per Share: $0.10 Adjusted Earnings Per Share: $0.23

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