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Reports net sales of $6.3 billion and adjusted operating income of $290 million.
July 30, 2021
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
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.”
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