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Flex Reports 4Q, Fiscal 2022 Results

For fiscal year 2022, Flex reported net sales of $26 billion, GAAP operating income of $972 million and adjusted net income of $945 million.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Flex announced results for its fourth quarter and fiscal year ended March 31, 2022.
Fourth quarter fiscal year 2022 highlights included net sales of $6.9 billion, GAAP operating income of $228 million and adjusted net income of $244 million.

For fiscal year 2022, Flex reported net sales of $26 billion, GAAP operating income of $972 million and adjusted net income of $945 million.

“Flex achieved record performance this year, reflective of the team’s incredible execution and dedication to deliver for our customers and all our stakeholders,” said Revathi Advaithi, CEO of Flex. “We have strong momentum as we head into fiscal year 2023 and we remain focused on driving sustainable growth, margin improvement, and creating shareholder value.”

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