Flex Ltd.

Good afternoon and thank you for standing by. Welcome to FLEX's fiscal third quarter 2022 earnings conference call. Presently, all participants are in a listen-only mode. After the speaker's remarks, there'll be a question and answer session. As a reminder, this call is being recorded. I will now turn the call over to Mr. David Rubin. You may begin, sir.

Thank you, Grace. Good afternoon and welcome to FLEX's third quarter fiscal 2022 earnings conference call. With me today is our Chief Executive Officer, Reva Theopathy, and our Chief Financial Officer, Paul Lundstrom. Both will give brief remarks, followed by Q&A. This call is being webcast and recorded, and if you have not already received them, slides for today's presentation are available on the Investor Relations section of our Flex.com website. As a reminder, today's call contains forward-looking statements which are based on our current expectations and assumptions and are subject to risks and uncertainties, so actual events and results could differ materially. Also, such information is subject to change, and we undertake no obligation to update these forward-looking statements. For full discussion of the risks and uncertainties, please see our most recent filings with the SEC. This call references non-GAAP financial measures for the current quarter. The GAAP reconciliations can be found in the appendix slides of today's presentation, as well as on the investor relations section of our website. Lastly, with regards to Flex Nextracker Business, as we've previously discussed, we announced that we confidentially submitted a draft registration statement on Form S-1 of the U.S. Securities and Exchange Commission on April 28, relating to the proposed initial public offering of its Class A common stock. The initial public offering and its timing are subject to market and other conditions, and the SEC's review process. We made this announcement in accordance with rule 135 under the SEC. Following SEC regulations, we will not make any further statements or answer additional questions on the next track for filing at this time. With that, I'd like to turn the call over to Revati, our CEO. Thank you.

Thank you, David. Good afternoon, and thank you for joining us today for our fiscal Q3 earnings call. Please turn to slide three, and I'll briefly review our results. We had another strong performance in our fiscal Q3, despite the anticipated challenging supply chain environment. We achieved revenue of $6.6 billion, up 6% sequentially, and above the top end of our previous guidance range. I want to emphasize that this outcome was more about strong execution than easier-than-expected macro challenges. Total flex adjusted operating margin came in at 4.5%, also better than previously anticipated. Adjusted EPS was $0.50, up from $0.49 in Q3 of last year. By the way, that's another new quarterly record for us. Adjusted free cash flow came in at $31 million. I would just add that our results this quarter demonstrate the major progress we have made in our ability to adapt and overcome macro challenges quickly. Of course, our deep and long-standing relationship with our suppliers definitely helps us during times like these. We are proud of our strong performance, and it's another yet important win for the team. The consistency and continued acceleration of our performance the last couple of years is driven by the diversity of our portfolio along with our disciplined execution. Strong sequential growth in our cloud, communications, and industrial businesses is the result of our bookings growth and successful ramps of these new businesses. Our investments in optical and 5G technology, electrification products, and data center solutions are also helping to accelerate our growth this year. We also recently welcomed Eynord Mardix to the team. This acquisition adds to our overall data center portfolio, which is a high growth vector for us. We're excited to see the combination of these investments and strong secular growth trends really drive our performance going forward. I will come back at the end and talk about our growth drivers in a little bit more detail, but now I'll turn it over to Paul to take you through the full financials and the guidance.