Income and Year

gaap: First Quarter Fiscal 2020 Highlights Net Sales 6.2 billion, year over year revenue down 3%;GAAP Income Before Income Taxes 64 million;Adjusted Operating Income 208 million;GAAP Net Income 45 million;Adjusted Net Income 138 million;GAAP Net Income Per Share 0.09;Adjusted 0.27 For the first quarter, I am pleased that we achieved adjusted EPS within guidance range and 11% year-over-year growth in adjusted operating profit with a free cash flow of 114 million, according to The Independent. We are repositioning our portfolio to reduce exposure to high-volatility, low-margin business while investing in design-led wins and higher-margin segments, Flex CEO Revathi Advaithi said. Related CONTENT3M Reports Fourth Quarter, Full Year 2018 Results Flex Reports Third Quarter Fiscal 2019 Results Emerson Reports 1Q 2019 ResultsNXP Semiconductors Reports 4Q, Full-year 2018 Results Flex Appoints Revathi Advaithi as CEO ; 07.29.19Flex announced results for its first quarter ended June 28, 2019. This acceleration of our strategy to reposition our mix and drive profitable growth combined with disciplined execution positions Flex well for the future. Cash flow from operations was negative 657 million for the three-month period ended June 28, 2019, primarily due to cash collections of 899 million for certain receivables sold under the Company's ABS programs reported as investing activities. Flex ended the quarter with approximately 1.9 billion of cash on hand and total debt of approximately 3.2 billion. (news.financializer.com). As reported in the news.