secwatch.observer — SEC 8-K summary
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Issuer:     FLEX LTD. (FLEX)
CIK:        0000866374
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000866374-24-000031
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flex reports Q1 FY2025 net sales $6.3B, GAAP EPS $0.34; CFO Lundstrom resigning, Martinez interim CFO
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- Q1 net sales $6.3B; GAAP operating income $233M; adjusted operating income $306M.
- GAAP net income $139M ($0.34 EPS); adjusted net income $211M ($0.51 EPS).
- CFO Paul Lundstrom resigning effective July 31, 2024 to pursue other opportunity.
- Jaime Martinez, SVP Finance, appointed Interim CFO effective Aug 1, 2024; 20-year Flex veteran.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866374/000086637424000031/0000866374-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866374/000086637424000031/flex-20240719.htm
  HTML page:      https://secwatch.observer/filing/0000866374-24-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer