Flexible Electronics News

Flex Reports 4Q, Fiscal 2021 Results

Net sales for the 2021 fiscal year were $24.1 billion, with GAAP net income of $613 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex posted its results for its fourth quarter and fiscal year ended March 31, 2021, with the company reporting solid sales and income figures. For the fourth quarter fiscal year 2021, Flex had $6.3 billion in net sales, $310 million in adjusted operating income, and $240 million in GAAP net income. For the full fiscal year 2021, Flex had $24.1 billion in net sales, $1 billion in adjusted operating income, and $613 million in GAAP net income. “We are very pleased with our strong fourth quarter...

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