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Stock impact report

Flex Reports Second Quarter Fiscal 2021 Results

Flex Ltd. - Ordinary Shares (FLEX) 
Last flex ltd. - ordinary shares earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.flex.com/home/default.aspx
Company Research Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 25, 2020.Second Quarter Fiscal Year 2021 Highlights:Net Sales: $6.0 billionGAAP Income Before Income Taxes: $153 millionAdjusted Operating Income: $247 millionGAAP Net Income: $113 millionAdjusted Net Income: $180 millionGAAP Earnings Per Share: $0.22Adjusted Earnings Per Share: $0.36An 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 displayed solid execution, as we capitalized on improved demand across our varied end markets, and delivered results above our previous expectations,” said Revathi Advaithi, Chief Executive Officer of Flex. “Even during these uncertain times, we have shown that our long-term strategy to manage portfolio mix, drive disciplined execution, and focus on free cash flow generation, is a strong and differentiating roadmap. Looking Show less Read more
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