Flexible Electronics News

Flex Reports 3Q Fiscal 2016 Results

All-time highest quarterly adjusted EPS for the company at $0.35, strong free cash flow generation of $158 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex announced results for its third quarter ended Dec. 31, 2015. Flex’s net sales for the third quarter ended Dec.31, 2015 were approximately $6.8 billion, at the high end of its previously provided revenue guidance range of $6.2 billion to $6.8 billion. The company’s adjusted earnings per diluted share of $0.35 was above the company’s previously provided guidance range of $0.28 to $0.34 and represents the all-time highest quarterly adjusted EPS for the company. Third quarter adjusted ope...

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