Earnings ·
Flex Reports Q2 Net Sales of $8.5 Billion and Adjusted EPS of $1.18
FLEXFlex Ltd.
Flex Ltd. reported second-quarter fiscal 2027 net sales of $8.5 billion, a 25% increase from the prior year period. The company delivered GAAP earnings per share of $0.70 and a record adjusted EPS of $1.18. Operating income was $414 million on a GAAP basis and $607 million on an adjusted basis. Flex also provided updated full-year fiscal 2027 guidance, projecting net sales between $34.9 billion and $35.9 billion and adjusted EPS of $4.84 to $5.16. The company operates in the electronics manufacturing services industry, designing, building, and managing products for global brands.