FLEX REPORTS FIRST QUARTER FISCAL 2027 RESULTS

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    "url": "https://www.prnewswire.com/news-releases/flex-reports-first-quarter-fiscal-2027-results-302837411.html",
    "title": "FLEX REPORTS FIRST QUARTER FISCAL 2027 RESULTS",
    "excerpt": "AUSTIN, Texas , July 29, 2026 /PRNewswire/ -- Flex (NASDAQ: FLEX ) today announced results for its first quarter ended June 26, 2026. \"This quarter reflects the continued execution of the strategy we've advanced over the last several years. From joining the S&P 500 to expanding our role in AI infrastructure, we've strengthened our position in attractive growth markets. Looking ahead, we're confident both Flex and SpinCo have the leadership, capabilities, and focus to capitalize on the significant opportunities in front of them,\" said Revathi Advaithi, CEO of Flex. First Qu arter Fiscal Year 2027 GAAP Summary: First Qu arter Fiscal Year 2027 Non-GAAP Summary: An explanation and reconciliation of GAAP financial measures to non-GAAP financial measures is presented in Schedules II and V attached to this press release. Second Quarter Fiscal Year 2027 Guidance: Updated Fiscal Year 2027 Guidance † : Fiscal Year 2027 Guidance Prior Updated Net Sales $32.3 - $33.8 billion $33.7 - $35.2 billion Adjusted Operating Margin* 7.0% - 7.1% 7.0% - 7.2% Adjusted EPS* $4.21 - $4.51 $4.42 - $4.74 *This is a forward-looking non-GAAP financial measure that cannot be reconciled to its equivalent GAAP financial measure without unreasonable effort for the reasons set forth in Schedule V attached to this press release. †Reflects expected results for the full fiscal year and does not give effect to the...",
    "summary": "Flex updated its fiscal year 2027 net sales guidance to a range of $33.7 billion to $35.2 billion, up from the prior range of $32.3 billion to $33.8 billion.",
    "location": "Austin, Texas, USA",
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    "published_at": "2026-07-29T11:05:00Z",
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    "article_sentence": "Fiscal Year 2027 Guidance Prior Updated Net Sales $32.3 - $33.8 billion $33.7 - $35.2 billion Adjusted Operating Margin* 7.0% - 7.1% 7.0% - 7.2% Adjusted EPS* $4.21 - $4.51 $4.42 - $4.74 *This is a forward-looking non-GAAP financial measure that cannot be reconciled to its equivalent GAAP financial measure without unreasonable effort for the reasons set forth in Schedule V attached to this press release.",
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