Flexible Electronics News

Flex Reports 1Q Fiscal Year 2024 Results

Posts net sales of $7.3 billion, GAAP operating income of $291 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex announced results for its first quarter ended June 30, 2023. First Quarter Fiscal Year 2024 Highlights: • Net Sales: $7.3 billion • GAAP Operating Income: $291 million • Adjusted Operating Income: $377 million • GAAP Net Income attributable to Flex Ltd: $186 million • Adjusted Net Income attributable to Flex Ltd: $258 million • GAAP Earnings Per Share: $0.41 • Adjusted Earnings Per Share: $0.57 “Our results this quarter demonstrate the strength of our diverse portfolio fr...

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