Flexible Electronics News

Flex Reports 2Q Fiscal 2023 Results

Net sales were $7.8 billion, with GAAP operating income of $325 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex announced results for its second quarter ended Sept. 30, 2022. Second Quarter Fiscal Year 2023 Highlights: • Net Sales: $7.8 billion • GAAP Operating Income: $325 million • Adjusted Operating Income: $375 million • GAAP Net Income Attributable to Flex Ltd.: $232 million • Adjusted Net Income: $289 million • GAAP Earnings Per Share: $0.50 • Adjusted Earnings Per Share: $0.63 “The Flex team delivered solid results, highlighted by strong growth from our diverse customer port...

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