Flex Ltd. (FLEX) Tops Q1 EPS by 8c, Offers Q2 and FY Guidance

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Flex Reports First Quarter Fiscal 2022 Results

July 29, 2021 9:05 AM EDT

SAN JOSE, Calif., July 29, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its first quarter ended July 2, 2021.

First Quarter Fiscal Year 2022 Highlights:

Net Sales: $6.3 billion GAAP Income Before Income Taxes: $233 million Adjusted Operating Income: $290 million GAAP Net Income: $206 million Adjusted Net Income: $230 million GAAP Earnings Per Share: $0.41 Adjusted Earnings Per Share: $0.46

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