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Net sales were $7.3 billion, with GAAP operating income of $272 million.
July 28, 2022
By: DAVID SAVASTANO
Flex announced results for its first quarter ended July 1, 2022. First Quarter Fiscal Year 2023 Highlights: • Net Sales: $7.3 billion • GAAP Operating Income: $272 million • Adjusted Operating Income: $330 million • GAAP Net Income Attributable to Flex Ltd.: $189 million • Adjusted Net Income: $255 million • GAAP Earnings Per Share: $0.40 • Adjusted Earnings Per Share: $0.54 “The Flex team reached another milestone this quarter, achieving record adjusted EPS as well as delivering strong growth,” said Revathi Advaithi, CEO, Flex. “The company’s diverse portfolio and global footprint coupled with multiple demand drivers across our served markets positions Flex for continued growth.”
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