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Flex ended the quarter with approximately $1.9 billion of cash on hand and total debt of approximately $3.2 billion.
July 29, 2019
By: Anthony Locicero
Copy editor, New York Post
Flex announced results for its first quarter ended June 28, 2019. First Quarter Fiscal 2020 Highlights: Net Sales: $6.2 billion, year over year revenue down 3%; GAAP Income Before Income Taxes: $64 million; Adjusted Operating Income: $208 million; GAAP Net Income: $45 million; Adjusted Net Income: $138 million; GAAP Net Income Per Share: $0.09; Adjusted EPS: $0.27 “For the first quarter, I am pleased that we achieved adjusted EPS within guidance range and 11...
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