07.30.21
Flex announced results for its first quarter ended July 2, 2021.
First quarter fiscal year 2022 highlights included net sales of $6.3 billion, GAAP net income of $206 million and adjusted operating income of $290 million.
"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 CEO. "We remain focused on driving profitable growth through disciplined execution and our differentiated capabilities."
First quarter fiscal year 2022 highlights included net sales of $6.3 billion, GAAP net income of $206 million and adjusted operating income of $290 million.
"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 CEO. "We remain focused on driving profitable growth through disciplined execution and our differentiated capabilities."