Flexible Electronics News

Flex Reports 1Q Fiscal 2025 Results, Announces CFO Transition

Paul Lundstrom will step down as CFO effective July 31, 2024 to pursue an opportunity outside of Flex.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex announced results for its first quarter ended June 28, 2024. First Quarter Fiscal Year 2025 Highlights: • Net Sales: $6.3 billion • GAAP Operating Income: $233 million • Adjusted Operating Income: $306 million • GAAP Net Income attributable to Flex Ltd: $139 million • Adjusted Net Income attributable to Flex Ltd: $211 million • GAAP Earnings Per Share: $0.34 • Adjusted Earnings Per Share: $0.51 “We delivered another solid quarter, including year-over-year margin ...

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