June 14, 2022
Flex Expands Regional Strategic Automotive Manufacturing Hub in Jalisco, Mexico to Enable Next-Generation Mobility
Flex (NASDAQ: FLEX) announced it is expanding its automotive industry operations in Jalisco, Mexico. The company is building a new 145,000-square-foot state-of-the-art facility that will serve as the strategic in-region automotive manufacturing hub dedicated to producing advanced electronic components that will accelerate the era of electric and autonomous vehicles. "Innovative and reliable electronic technologies are essential ingredients for ushering in the next generation of mobility. Our Guadalajara site provides advanced manufacturing capabilities, a robust supply chain with global reach, and the technical domain expertise needed to deliver the highest value to our automotive customers as they pursue their goals toward an autonomous and electrified future" said Rodrigo DallOglio, Head of Operations for LatAm. This expansion reaffirms Flex's commitment to the region and to continue to be the leading employer and largest exporter in Jalisco. About Flex Flex (Reg. No. 199002645H) is...
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May 9, 2022
Flex to Participate in Upcoming Investor Conference
Flex (NASDAQ: FLEX) announced today that Paul Lundstrom, Chief Financial Officer and David Rubin, Vice President, Investor Relations will participate in the following investor conference: J.P. Morgan 50th Annual Global Technology, Media and Communications (TMC) Conference Date: May 24, 2022
Presentation time: 8:30am PT / 11:30am ET The virtual presentation will be available as a live webcast and as an archived replay, accessible through the Flex Investor Relations website at https://investors.flex.com . About Flex 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. Contacts Investors & Analysts David A. Rubin
Vice President, Investor Relations...
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May 4, 2022
FLEX REPORTS FOURTH QUARTER AND FISCAL 2022 RESULTS
Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2022. Fourth Quarter Fiscal Year 2022 Highlights: Net Sales: $6.9 billion GAAP Operating Income: $228 million Adjusted Operating Income: $295 million GAAP Net Income Attributable to Flex Ltd.: $168 million Adjusted Net Income: $244 million GAAP Earnings Per Share: $0.36 Adjusted Earnings Per Share: $0.52 Fiscal Year 2022 Results of Operations: Net Sales: $26.0 billion GAAP Operating Income: $972 million Adjusted Operating Income: $1,169 million GAAP Net Income attributable to Flex Ltd.: $936 million Adjusted Net Income: $945 million GAAP Earnings Per Share: $1.94 Adjusted Earnings Per Share: $1.96 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 achieved record performance this year, reflective of the team's incredible execution and dedication to deliver for our...
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