Flextronics quarterly profit jumps

Wed Jan 29, 2014 4:16pm EST
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Jan 29 (Reuters) - Contract electronics maker Flextronics International Ltd's quarterly profit more than tripled, helped by higher demand from its game console and smartphone customers.

Net income rose to $145.2 million, or 23 cents per share, in the third quarter, from $47.3 million, or 7 cents per share, a year earlier.

Excluding items, the company earned 26 cents per share.

Revenue rose 17 percent to $7.18 billion.

Singapore-based Flextronics produces the Xbox game console for Microsoft Corp and smartphones for Google Inc .