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Net sales were $7.8 billion, with GAAP operating income of $325 million.
October 27, 2022
By: DAVID SAVASTANO
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 portfolio and another quarter of record adjusted EPS,” said Revathi Advaithi, CEO of Flex. “Looking ahead, the secular tailwinds that support our strategy, remain in our favor and continues to provide us with confidence that we’ll be able to deliver on our longer-term goals.”Â
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