July 29, 2021
Flex Reports First Quarter Fiscal 2022 Results
Flex (NASDAQ: FLEX) today announced results for its first quarter ended July 2, 2021. First Quarter Fiscal Year 2022 Highlights: Net Sales: $6.3 billion GAAP Income Before Income Taxes: $233 million Adjusted Operating Income: $290 million GAAP Net Income: $206 million Adjusted Net Income: $230 million GAAP Earnings Per Share: $0.41 Adjusted Earnings Per Share: $0.46 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. "Flex's strong first quarter performance exceeded our prior expectations due to broad-based demand across our portfolio and solid execution, delivering record Q1 adjusted operating margin and EPS " said Revathi Advaithi, Flex Chief Executive Officer. "We remain focused on driving profitable growth through disciplined execution and our differentiated capabilities." Second Quarter Fiscal 2022 Guidance Revenue: $6.1 billion to $6.5 billion GAAP Income Before Income...
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July 13, 2021
Flex Announces Date for First Quarter Fiscal 2022 Earnings Call
Flex (NASDAQ: FLEX) will announce its first quarter fiscal year 2022 financial results prior to market open on Thursday, July 29, 2021. The company will hold a conference call to discuss the results on the same day at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time). The dial-in number for the conference call is 877-201-0168 with passcode Q1Flex. The live webcast of the call and accompanying slides will be available on the Flex Investor Relations (IR) website located at investors.flex.com . An audio replay and transcript will also be available on the IR website after the call. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. Investors &...
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June 22, 2021
Flex Releases its 2021 Sustainability Report
Flex (NASDAQ: FLEX) today released its 2021 sustainability report, summarizing the company's calendar year 2020 sustainability performance and results against the Flex 20 by 2020 goals. The report demonstrates Flex's commitment to sustainable manufacturing operations, providing a safe environment for employees, applying responsible business practices and contributing to its communities during an unparalleled year. Prepared in accordance with the GRI Standards: Core option, the Flex 2021 sustainability report can be viewed at https://flex.com/company/our-sustainability/reports-and-disclosures . In 2020, the company concluded its Flex 20 by 2020 strategy and goals in alignment with the United Nations Sustainable Development Goals and UN Global Compact's ten principles. In total, Flex met 16 of its 20 goals across focus areas including people, community, environment, integrity and supply chain. 2020 key highlights 92% growth in renewable energy use year over year 21% reduction in...
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