Flex Ltd delivered second quarter fiscal 2027 results that significantly exceeded analyst expectations, powered by robust demand for data center solutions. Management reported a 25% year-over-year increase in net sales to $8.5 billion and a record adjusted EPS of $1.18. Based on this momentum, the company raised its full-year fiscal 2027 revenue and earnings guidance.
Key Highlights
- Net sales reached $8.5 billion, surpassing the consensus estimate of $8.18 billion by approximately 4%.
- Adjusted operating margin expanded to 7.1%, up from 6.0% in the prior-year period, reflecting strong operational execution and leverage.
- Full-year fiscal 2027 guidance was raised, with adjusted EPS now expected to grow 52% at the midpoint to a range of $4.84 to $5.16.