The company reported net sales of $7.5 billion for Q4 (3 months), GAAP operating income of $372 million, and GAAP net income of $250 million. For the full year, net sales were $27.9 billion, GAAP operating income was $1,368 million, and GAAP net income was $880 million.

1. 01

   The company reported net sales of $7.5 billion for Q4 (3 months), GAAP operating income of $372 million, and GAAP net income of $250 million. For the full year, net sales were $27.9 billion, GAAP operating income was $1,368 million, and GAAP net income was $880 million.

2. 02

   The company said it reported an adjusted operating margin of 6.7% and adjusted EPS of $0.93 for Q4. For the full year, it reported an adjusted operating margin of 6.3% and adjusted EPS of $3.30. It added that the adjusted operating margin for Q4 was 6.2%, and for the full prior year it was 5.7%.

3. 03

   Flex reported full-year net cash provided by operating activities of $1,685 million, purchases of property and equipment of $633 million and free cash flow of $1,060 million. The company said it spent $944 million on share repurchases.

4. 04

   Flex said it plans to spin off its cloud and power infrastructure business into a new independent publicly traded company. The company said it recognized Legal and other costs of about $26 million over 3 months and about $53 million for the full year, citing the spin-off among other factors.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.