Flexible Electronics News

Flex Reports 2Q 2024 Fiscal Results

Announces plan to spin-off remaining interest in Nextracker to Flex shareholders.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex announced results for its second quarter ended Sept. 29, 2023. Second Quarter Fiscal Year 2024 Highlights: • Net Sales: $7.5 billion • GAAP Operating Income: $376 million • Adjusted Operating Income: $439 million • GAAP Net Income attributable to Flex Ltd: $228 million • Adjusted Net Income attributable to Flex Ltd: $303 million • GAAP Earnings Per Share: $0.51 • Adjusted Earnings Per Share: $0.68 “Our focus on the right portfolio and margin expansion has enabled the team...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters