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Full year net sales were $26.3 billion, with year over year revenue up 3%.
May 3, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Flex announced results for its fourth quarter and fiscal year ended March 31, 2019. In the fourth quarter of 2019, net sales were $6.2 billion, with year over year revenue down 3%. Adjusted operating income was $204 million with GAAP net loss of $64 million. For fiscal year 2019, net sales were $26.3 billion, with year over year revenue up 3%. Adjusted operating income was $872 million. “During the quarter, we expanded adjusted operating margins on slightly lower revenues, improved the qua...
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