Q4 FY16 Earnings Reported

April 28, 2016 Learn More
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Bringing sketch-to-scale innovation to NIKE's
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We Are Flex

In the categories of design, manufacturing, distribution, and aftermarket services, Flex has established itself as a global leader without equal. With over 100 sites in 30 countries, and 200,000 highly skilled innovators at the ready, we’re helping customers big and small solve the challenges of the connected age.

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April 28, 2016

Flex Reports Fourth Quarter And Fiscal 2016 Results

- Fourth quarter adjusted EPS at $0.29, up 7% year-over-year - Quarterly adjusted operating margin increased 50 basis points year-over-year - Fiscal year strong free cash flow generation of $639 million - All-time highest fiscal year adjusted EPS for the Company at $1.14 Flex (NASDAQ: FLEX), a leading sketch-to-scale™ solutions company that designs and builds intelligent products for a connected world, today announced results for its fourth quarter and fiscal year ended March 31, 2016 : (US$ in millions, except EPS)
Three Month Periods Ended Twelve Month Periods Ended

March 31 March 31

March 31 March 31

2016 2015

2016 2015 Net sales $ 5,773 $ 5,952 $ 24,419 $ 26,148 Adjusted operating income $ 200 $ 178

$ 792 $ 751 GAAP operating income $ 118 $ 164 $ 653 $ 701 Adjusted net income $ 161 $ 157

$ 645 $ 637 GAAP net income $ 61 $ 135 $ 444 $...
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April 18, 2016

Flex Appoints John Carlson as President of Flex Medical Solutions

Flex (NASDAQ: FLEX) today announced that John Carlson has been appointed president of Flex Medical Solutions . Mr. Carlson joins Flex from Johnson & Johnson, where he spent the past 15 years in leadership roles related to medical device research and development, most recently as vice president of the Innovation Portfolio. In this role, he was responsible for assessment of an $8 billion research and development budget, across the pharmaceutical, medical device and consumer health segments of the company, while creating processes to identify and invest in new growth areas. Previously, Mr. Carlson held progressively responsible leadership positions at Johnson & Johnson , including worldwide vice president of research and development for the Ethicon Endo Surgery group, where he led the design and development of surgical and medical devices, and for the Diabetes Care franchise. The decade prior to joining Johnson and Johnson , Mr. Carlson held research and development positions of...
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April 12, 2016

Top Sensor Manufacturers Make Strategic Investment in CropX

Bosch and Flex Back AgTech Innovator as Company Proves It Can Help Farms Overcome Environmental Challenges and Improve Crop Yield SAN FRANCISCO, CA and TEL AVIV, ISRAEL-(Marketwired - April 12, 2016) - CropX, provider of the world's most advanced adaptive irrigation service, today announced that global leaders in the sensor manufacturing space - Robert Bosch Venture Capital GmbH(RBVC) and the Flex technology accelerator, Lab IX - have invested in the company. Already serving 20 top farms across the United States, CropX plans to use the strategic partnerships to accelerate product development and rapidly expand market adoption. In tandem, CropX also unveiled a new version of its proven soil sensors that drastically reduces installation time. To see the new sensor in action, please visit https://www.cropx.com/product/. "The CropX adaptive irrigation platform has become a core component of our business model and has had an enormous impact on our bottom line - in...
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