Flex Ltd ( (FLEX) ) has released its Q1 earnings. Here is a breakdown of the information Flex Ltd presented to its investors.
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Flex Ltd, a global leader in manufacturing solutions, operates across diverse industries, offering technology innovation, supply chain, and manufacturing services. In its first quarter of fiscal 2026, Flex reported net sales of $6.6 billion, with a GAAP net income of $192 million and adjusted net income of $274 million. The company achieved a GAAP operating income of $311 million and an adjusted operating income of $395 million, reflecting a strong start to the fiscal year. Key financial metrics included GAAP earnings per share of $0.50 and adjusted earnings per share of $0.72, highlighting the company’s robust performance in high-growth markets like data centers and power. Flex’s strategic focus and recent acquisitions have positioned it as a key end-to-end partner in its industry. Looking ahead, Flex’s management remains optimistic, projecting second-quarter revenues between $6.5 billion and $6.8 billion, with adjusted EPS expected to range from $0.70 to $0.78, underscoring their confidence in continued growth and market leadership.