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Sep 27, 2024
Flex Q2 2025 Earnings Report
Flex reported strong results for the second quarter of fiscal year 2025.
Key Takeaways
Flex announced its Q2 Fiscal Year 2025 results, with net sales of $6.5 billion and GAAP earnings per share of $0.54. The company also announced the pending acquisition of Crown Technical Systems.
Net sales were reported at $6.5 billion.
GAAP operating income was $297 million.
GAAP net income attributable to Flex Ltd was $214 million.
GAAP earnings per share was $0.54.
Forward Guidance
Flex provides guidance for Q3 2025 and updates full fiscal year 2025 guidance.
Positive Outlook
- Q3 Revenue: $6.0 billion to $6.4 billion
- Q3 GAAP Operating Income: $257 million to $287 million
- Q3 Adjusted Operating Income: $335 million to $365 million
- Q3 GAAP EPS: $0.42 to $0.48
- Q3 Adjusted EPS: $0.60 to $0.66
Challenges Ahead
- Fiscal Year 2025 Revenue: $24.9 billion to $25.5 billion
- Fiscal Year 2025 GAAP EPS: $1.77 to $1.89
- Fiscal Year 2025 Adjusted EPS: $2.39 to $2.51 which excludes $0.30 for stock-based compensation expense
- Fiscal Year 2025 Adjusted EPS excludes $0.19 for net restructuring charges
- Fiscal Year 2025 Adjusted EPS excludes $0.13 for net intangible amortization.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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