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Sep 30, 2022
Flex Q2 2023 Earnings Report
Flex's financial performance was solid, driven by growth from a diverse customer portfolio and a record adjusted EPS.
Key Takeaways
Flex reported net sales of $7.8 billion and GAAP operating income of $325 million for the second quarter of fiscal year 2023. Adjusted EPS reached a record $0.63.
Net sales reached $7.8 billion.
GAAP operating income was $325 million.
Adjusted operating income was $375 million.
GAAP earnings per share was $0.50.
Flex
Flex
Forward Guidance
Flex provided guidance for the third quarter of fiscal year 2023, including revenue between $7.3 billion and $7.7 billion, GAAP EPS between $0.46 and $0.52, and adjusted EPS between $0.57 and $0.63.