Flextronics International Ltd. announced unaudited consolidated earnings for the third quarter and nine months ended December 31, 2015. The company reported that net income for the third quarter ended December 31, 2015 was $148.91 million, or $0.27 per share, compared to $152.90 million, or $0.26 per share, for the same quarter ended December 31, 2014. Net sales for the third quarter ended December 31, 2015 were $6.76 billion, compared to $7.02 billion for the same quarter ended December 31, 2014. Operating income was $211,850,000 compared to $192,664,000 a year ago. Income before income taxes was $126,550,000 compared to $170,517,000 a year ago. Non-GAAP EPS was $0.35 compared to $0.30 a year ago. Non-GAAP operating income was $236,083,000 compared to $206,883,000 a year ago. Non-GAAP net income was $196,422,000 compared to $174,939,000 a year ago.

Net income for the nine months ended December 31, 2015 was $382.74 million, or $0.67 per diluted share, compared to $465.69 million, or $0.78 per diluted share, for the same period ended December 31, 2014. Net sales for the nine months ended December 31, 2015 were $18.65 billion, compared to $20.2 billion for the same period ended December 31, 2014. Net cash provided by operating activities was $939,772,000 compared to $669,424,000 a year ago. Purchases of property and equipment were $418,561,000 compared to $254,970,000 a year ago.

For the fourth quarter ending March 31, 2016, the company expects revenue to be in the range of $5.5 billion to $6.1 billion and adjusted earnings per diluted share to be in the range of $0.25 to $0.31. GAAP earnings per share is expected to be lower than the adjusted EPS guidance provided herein by approximately $0.07 per diluted share for estimated intangible amortization and stock-based compensation expense.