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Quarterly revenue of $6.0 billion increased 2% year-over-year, with 1Q cash flow from operations of $138 million.
July 28, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Flex announced results for its first quarter ended June 30, 2017. Net sales for the first quarter ended June 30, 2017 were just over $6.0 billion, growing 2% year-over-year and within the guidance range of $5.7 to $6.1 billion. GAAP income before income taxes was $146 million for the quarter and adjusted operating income was $178 million, within the range of guidance of $170 million to $200 million. GAAP net income was approximately $125 million and adjusted net income for the quarter was $1...
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