SAN JOSE, CA – Flex posted fiscal second quarter 2017 net sales ended Sept. 30 were slightly over $6 billion, down 4.9% year-over-year.

The electronics manufacturer recorded a GAAP net loss less than $3 million, compared to GAAP net income of $123 million in the same quarter last year.

Adjusted operating income was $197 million, up 0.5% year-over-year.

“Our sketch-to-scale strategy remains firmly on track, as reflected in our second quarter performance, which is in line with guidance," said Mike McNamara, CEO of Flex. "We remain focused on value-creating activities such as a structural mix shift to a higher margin business, generating sustainable free cash flow and consistently returning value to our shareholders."

For the fiscal third quarter ending Dec. 31, revenue is expected in the range of $6 billion to $6.4 billion.

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