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Quarterly revenue of $6.3 billion, increased 4% year-over-year, with quarterly cash flow from operations of $142 million.
October 30, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Flex announced results for its second quarter ended Sept. 29, 2017. Net sales for the second quarter ended September 29, 2017 were $6.3 billion, growing 4% year-over-year and at the high end of the guidance range of $5.9 to $6.3 billion. GAAP income before income taxes was $218 million for the quarter and adjusted operating income was $188 million, above the mid-point of the guidance range of $170 million to $200 million. GAAP net income was approximately $205 million and adjusted net income...
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