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Symbol | Exchange | Currency | ||
---|---|---|---|---|
FLEX | NASDAQ | USD | Real-time | |
FLEXN | Mexico | MXN | Delayed | |
FLEX | Frankfurt | EUR | Delayed |
Flex Ltd. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 7,103 million compared to USD 7,756 million a year ago. Net income was USD 197 million compared to USD 230 million a year ago. Basic earnings per share from continuing operations was USD 0.46 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 0.45 compared to USD 0.5 a year ago.For the nine months, sales was USD 21,910 million compared to USD 22,869 million a year ago. Net income was USD 611 million compared to USD 651 million a year ago. Basic earnings per share from continuing operations was USD 1.39 compared to USD 1.43 a year ago. Diluted earnings per share from continuing operations was USD 1.37 compared to USD 1.41 a year ago.
Period Ending: | Dec 31, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 7103 | 7471 | 7336 | 7477 |
Gross Profit | 703 | 668 | 604 | 574 |
Operating Income | 422 | 379 | 314 | 288 |
Net Income | 197 | 228 | 186 | 142 |
Period Ending: | Dec 31, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 20366 | 20968 | 20936 | 21395 |
Total Liabilities | 13921 | 14612 | 15150 | 15689 |
Total Equity | 6445 | 6356 | 5786 | 5706 |
Period Ending: | Dec 31, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 284 | 357 | 6 | 450 |
Cash From Investing Activities | -117 | -142 | -155 | -179 |
Cash From Financing Activities | -308 | 26 | -486 | 455 |
Net Change in Cash | -136 | 240 | -634 | 729 |
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