What are the key adjustments made to the non-GAAP operating results?

The non-GAAP operating results presented by Flextronics exclude after-tax intangibles amortization and restructuring and other charges. The company uses these adjustments to provide a measure of performance that it believes enhances period-to-period comparability.

Where can I find a comparison between the company's GAAP and non-GAAP results?

A reconciliation between the non-GAAP operating results and the GAAP operating results is provided in the schedules attached to the press release, which is included as Exhibit 99.1 to this 8-K filing.

Should I rely solely on the non-GAAP financial information?

Investors should review both GAAP and non-GAAP results. While non-GAAP figures are provided for additional insight, they are not prepared according to standardized GAAP methodology and may not be comparable to similar measures from other companies. It is important to refer to the GAAP figures and the provided reconciliation.

FLEX 8-K: Earnings & Results

Q: What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to report Flextronics International Ltd.'s financial results for the third fiscal quarter ended December 31, 2006, by attaching the press release that contains these results.

Summary

Flextronics International Ltd. (FLEX) filed an 8-K on January 30, 2007, to report its financial results for the third fiscal quarter ended December 31, 2006. The report primarily serves to attach the press release detailing these results, which includes both GAAP and non-GAAP financial metrics. Investors should note that the company is presenting non-GAAP operating results, which exclude after-tax intangibles amortization and restructuring and other charges. While the company states these figures are used internally and provided for enhanced period-to-period comparability and investor analysis, it's crucial to review the provided reconciliation to GAAP figures. The non-GAAP measures are not standardized and may not be directly comparable to other companies.

Key Highlights

1Flextronics International Ltd. (FLEX) announced its third fiscal quarter 2007 results on January 30, 2007.
2The 8-K filing includes a press release detailing the company's financial performance for the quarter ended December 31, 2006.
3The company is providing non-GAAP operating results alongside GAAP results.
4Non-GAAP results exclude after-tax intangibles amortization and restructuring and other charges.
5Flextronics uses non-GAAP results internally and provides them to investors for performance measurement and comparability.
6A reconciliation between non-GAAP and GAAP operating results is available in the attached press release.
7Investors are cautioned that non-GAAP measures are not standardized and may not be comparable to those of other companies.

FLEX LTD. 8-K Report, Financial Results (Jan 30, 2007)

Summary

Key Highlights

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