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We Are Flex

Flex has built a company-wide culture around collaboration and execution, led by some of the industry’s most innovative minds. Every hour of every day, Flex’s approximately 200,000 employees around the world design, engineer and deliver logistical and manufacturing solutions for customers at more than 100 sites in 30 different countries.

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Latest News

January 25, 2023

FLEX REPORTS THIRD QUARTER FISCAL 2023 RESULTS

Flex (NASDAQ: FLEX) today announced results for its third quarter ended December 31, 2022. Third Quarter Fiscal Year 2023 Highlights: Net Sales: $7.8 billion GAAP Operating Income: $321 million Adjusted Operating Income: $372 million GAAP Net Income Attributable to Flex Ltd.: $230 million Adjusted Net Income: $285 million GAAP Earnings Per Share: $0.50 Adjusted Earnings Per Share: $0.62 An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. "We achieved another strong quarter through the focused efforts of the team, and strong execution against healthy demand," said Revathi Advaithi, CEO of Flex. "I remain confident about the resiliency of our portfolio and our ability to deliver growth and value to our stakeholders." Fourth Quarter Fiscal 2023 Guidance Revenue: $7.0 billion to $7.4 billion GAAP Operating Income: $268 million to $298 million Adjusted Operating Income: $315...
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January 17, 2023

Flex factory in Sorocaba recognized as the first Sustainability Lighthouse in Brazil by the World Economic Forum

Flex (NASDAQ: FLEX) today announced its factory site in Sorocaba, Brazil has been designated as a Sustainability Lighthouse, a special distinction of the World Economic Forum's Global Lighthouse Network (GLN) . This is the first factory in Brazil to receive a Sustainability Lighthouse recognition and comes just three months after the company's factory in Sorocaba was admitted into the GLN . To achieve the Sustainability Lighthouse designation, the Flex team in Sorocaba, Brazil demonstrated a substantial reduction in their environmental footprint. In a journey spanning almost a decade, the team developed an innovative, smart and sustainable circular economy ecosystem that leverages Fourth Industrial Revolution (4IR) technologies, including a cloud-based reverse logistics system, automated materials separation, and IoT-enabled collection bins to transform electronic waste and reintroduce materials into the supply chain by repairing, harvesting and recycling parts and materials. The Flex...
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January 13, 2023

Nextracker Files Registration Statement for Proposed Initial Public Offering

Flex Ltd. (NASDAQ: FLEX) announced today that its subsidiary, Nextracker Inc. ("Nextracker"), has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of shares of Nextracker's Class A common stock ("Common Stock"). In connection with the proposed offering, Nextracker intends to list its Common Stock on the Nasdaq Global Select Market under the ticker symbol "NXT." The timing, number of shares of Common Stock to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions. J.P. Morgan, BofA Securities, Citigroup, and Barclays are acting as joint lead book-running managers for the proposed offering. Truist Securities, HSBC, BNP PARIBAS, Mizuho, Scotiabank, and KeyBanc Capital Markets are acting as joint book-running managers for the proposed offering. SMBC Nikko, BTIG, UniCredit, and Roth Capital Partners...
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Safe Harbor Statement

This website and presentations presented may contain forward-looking statements, which are based on current expectations and assumptions that are subject to risks and uncertainties and actual results could materially differ. Such information is subject to change and we undertake no obligation to update these forward-looking statements. For a discussion of the risks and uncertainties, see our most recent filings with the Securities and Exchange Commission, including our current, annual and quarterly reports.

There may be references to non-GAAP financial measures, these measures are located on the “Financials” section of our website, along with the required reconciliation to the most comparable GAAP financial measures.

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