8-K
filed May 10, 2023, 7:59 PM ET
ticker FLEX
CIK 0000866374
earnings
confidence medium
sentiment neutral
materiality 0.70
Flex reports Q4 FY2023: net sales $7.5B, adj EPS $0.57
FLEX LTD.
2023-FY EPS reported
$1.72
revenue$30,346,000,000
- Q4 net sales $7.5B; GAAP operating income $266M; GAAP EPS $0.31.
- Q4 adjusted operating income $364M; adjusted EPS $0.57 includes $0.03 charge from Nextracker IPO.
- Fiscal 2023 net sales $30.3B; GAAP EPS $1.72; adjusted EPS $2.36.
- Full-year adjusted EPS includes $0.03 noncontrolling interest expense from Nextracker IPO.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
FLEX LTD. reported the fourth quarter ended March 31, 2023 results: revenue $7.5 billion, net income $142 million, EPS $0.31.
- Period
- the fourth quarter ended March 31, 2023
- Revenue
- $7.5 billion
- Net income
- $142 million
- EPS
- $0.31
- Result
- reported results
Exact text from the filing
Fourth Quarter Fiscal Year 2023 Highlights: • Net Sales: $7.5 billion • GAAP Operating Income: $266 million • Adjusted Operating Income: $364 million • GAAP Net Income attributable to Flex Ltd.: $142 million • Adjusted Net Income attributable to Flex Ltd.: $261 million • GAAP Earnings Per Share: $0.31 • Adjusted Earnings Per Share: $0.57 which includes $0.03 impact of noncontrolling interest expense from the Nextracker IPO
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
FLEX LTD. reported the fiscal year ended March 31, 2023 results: revenue $30.3 billion, net income $793 million, EPS $1.72.
- Period
- the fiscal year ended March 31, 2023
- Revenue
- $30.3 billion
- Net income
- $793 million
- EPS
- $1.72
- Result
- reported results
Exact text from the filing
Fiscal Year 2023 Results of Operations: • Net Sales: $30.3 billion • GAAP Operating Income: $1,184 million • Adjusted Operating Income: $1,442 million • GAAP Net Income attributable to Flex Ltd.: $793 million • Adjusted Net Income attributable to Flex Ltd.: $1,090 million • GAAP Earnings Per Share: $1.72 • Adjusted Earnings Per Share: $2.36 which includes $0.03 impact of noncontrolling interest expense from the Nextracker IPO
View on SEC.gov
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