Austin Manufacturer Flex Reports Fiscal Second-Quarter Results on October 28: Net Sales of $8.5 Billion, Up 25% Year Over Year
Austin, Travis County, Texas: Flex, the Austin-based manufacturing services provider, on October 28, 2026, announced results for its second quarter of fiscal 2027, ended September 25: net sales of $8.5 billion, up 25% versus the prior year; GAAP operating margin of 4.9% and adjusted operating margin of 7.1%; GAAP earnings per share of $0.70 and record adjusted EPS of $1.18. Cash provided by operating activities was $501 million and free cash flow was $261 million in the quarter. CEO Revathi Advaithi said the company continued to execute while advancing the planned spin-off of its Cloud and Power Infrastructure segment; the acquisition of EPC Power further completes its end-to-end Power portfolio and will be immediately accretive in fiscal 2027, while the unveiling of the Axiom name and anticipated leadership marks another step toward the separation. Flex also raised its fiscal 2027 guidance, expecting full-year net sales of $34.9 billion to $35.9 billion, growth of about 27% at the midpoint; third-quarter net sales are expected to be $8.87 billion to $9.17 billion.
Source: GSM · USA (original Chinese edition)
Photo: 资料图：奥斯汀市政厅（固定图库 cities 包）
