SINGAPORE (AP) _ Flex Ltd. (FLEX) on Thursday reported fiscal first-quarter profit of $206 million.

The Singapore-based company said it had net income of 41 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 46 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The electronics designer and manufacturer posted revenue of $6.34 billion in the period.

For the current quarter ending in October, Flex expects its per-share earnings to range from 37 cents to 43 cents.

The company said it expects revenue in the range of $6.1 billion to $6.5 billion for the fiscal second quarter.

Flex expects full-year earnings in the range of $1.70 to $1.85 per share, with revenue ranging from $25.5 billion to $26.5 billion.

Flex shares have decreased almost 6% since the beginning of the year. The stock has climbed 57% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLEX at https://www.zacks.com/ap/FLEX

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