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FLEX REPORTS FOURTH QUARTER AND FISCAL 2025 RESULTS
AUSTIN, Texas, May 7, 2025 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2025. Fourth
About this update from Flex Ltd.
[{"type":"text","content":"AUSTIN, Texas, May 7, 2025 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2025.\nFourth Quarter Fiscal Year 2025 Highlights:\nNet Sales: $6.4 billionGAAP Operating Income: $305 millionAdjusted Operating Income: $396 millionGAAP Net Income attributable to Flex Ltd: $222 millionAdjusted Net Income attributable to Flex Ltd: $285 millionGAAP Earnings Per Share: $0.57Adjusted Earnings Per Share: $0.73Fiscal Year 2025 Results of Operations:\nNet Sales: $25.8 billionGAAP Operating Income: $1,169 millionAdjusted Operating Income: $1,459 millionGAAP Net Income attributable to Flex Ltd: $838 millionAdjusted Net Income attributable to Flex Ltd: $1,055 millionGAAP Earnings Per Share: $2.11Adjusted Earnings Per Share: $2.65An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release.\n\"We had a very strong finish to the year, with record adjusted operating margins for both Q4 and for the full year, and we delivered our fifth consecutive year of double-digit adjusted EPS growth,\" said Revathi Advaithi, CEO of Flex. \"As we look to FY 2026, we continue to see strong demand from our data center customers as we continue to shift the portfolio towards more profitable business.\"\nFirst Quarter Fiscal 2026 Guidance \nRevenue: $6.0 billion to $6.5 billionGAAP Operating Income: $278 million to $318 millionAdjusted Operating Income: $330 million to $370 millionGAAP EPS: $0.46 to $0.54Adjusted EPS: $0.58 to $0.66 which excludes $0.07 for net stock-based compensation expense and $0.05 for net intangible amortization.Fiscal Year 2026 Guidance \nRevenue: $25.0 billion to $26.8 billionGAAP EPS: $2.35 to $2.55Adjusted EPS: $2.81 to $3.01 which excludes $0.31 for net stock-based compensation expense and $0.15 for net intangible amortization. Webcast and Conference Call\nThe Flex management team will host a conference call today at 7:30 AM (CT) / 8:30 AM (ET) to review fourth quarter and fiscal 2025 results. A live webcast of the event and slides will be available on the Flex Investor Relations website at http://investors.flex.com. An audio replay and transcript will also be available after the event on the Flex Investor Relations website.\nAbout Flex\nFlex (Reg. No. 199002645H) is the manufact...