Flex announced results for its first quarter ended July 1, 2016. Net sales for the first quarter were approximately $5.9 billion, which was at the high end of the guidance range of $5.5 to $5.9 billion.   GAAP income before income taxes was $117 million for the quarter and adjusted operating income was $190 million, at the mid-point of the guidance range of $175 million to $205 million. GAAP gross margin increased approximately 60 basis points and adjusted gross margin increased more than 50 b...