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Net sales were $7.8 billion, with GAAP operating income of $321 million.
January 27, 2023
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
Flex announced results for its third quarter ended Dec. 31, 2022. Net sales were $7.8 billion, with GAAP operating income of $321 million. Adjusted operating income was $372 million, while GAAP net income attributable to Flex Ltd. was $230 million. Adjusted net income was $285 million. “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.”
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