Flexible Electronics News

Flex Reports 2Q Fiscal 2021 Results

Second quarter fiscal year 2021 highlights included net sales of $6 billion, GAAP income before income taxes of $153 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex announced results for its second quarter ended Sept. 25, 2020. Second quarter fiscal year 2021 highlights included net sales of $6 billion, GAAP income before income taxes of $153 million, adjusted operating income of $247 million, GAAP net income of $113 million. “Flex displayed solid execution, as we capitalized on improved demand across our varied end markets, and delivered results above our previous expectations,” said Revathi Advaithi, CEO of Flex. “Even during these uncertain times, ...

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