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Reported net sales of $30.3 billion, GAAP operating income of $1,184 million for its full-year results.
May 15, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Flex announced results for its fourth quarter and fiscal year ended March 31, 2023. Fourth Quarter Fiscal Year 2023 Highlights: • Net Sales: $7.5 billion • GAAP Operating Income: $266 million • Adjusted Operating Income: $364 million • GAAP Net Income attributable to Flex Ltd.: $142 million • Adjusted Net Income attributable to Flex Ltd.: $261 million • GAAP Earnings Per Share: $0.31 • Adjusted Earnings Per Share: $0.57, which includes $0.03 impact of noncontrolling interest expense fr...
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