SAN JOSE, CA – Flextronics reported second-quarter net sales of $6.5 billion, up 1.9% year-over-year, and down 1.7% sequentially.

The electronics manufacturer’s GAAP income for the quarter was $139 million, up 17.8% compared to the third quarter of 2013, and down 20.1% sequentially.

Second-quarter adjusted operating income increased 16% year-over-year to $183 million, and was flat with the first quarter of 2014.

"Our consistent execution continues to pay off with measured improvements across many areas of our business, including our operating margins, which improved for the sixth consecutive quarter," said Mike McNamara, CEO at Flextronics.

"We continued to deliver strong cash flow generation with cash flow from operations of $387 million and free cash flow of $322 million during the quarter," said Chris Collier, CFO at Flextronics.

For the third quarter ending Dec. 31, revenue is expected to be in the range of $6.4 billion to $6.8 billion.