Jabil Inc Stock Price, News & Analysis

Jabil reported strong preliminary financial results for Q2 FY2022, achieving net revenue of $7.6 billion, with significant year-on-year growth in its Electronics Manufacturing Services (EMS) segment at 19%. The company’s operating income was $313 million, resulting in diluted EPS of $1.51. For Q3 FY2022, Jabil forecasts revenues between $7.9 billion and $8.5 billion and an increase in the full-year revenue outlook to $32.6 billion with core EPS of approximately $7.25.

Jabil Inc. (NYSE: JBL) is hiring 60 positions within 60 days at its Albuquerque, NM healthcare manufacturing facility. Positions range from entry-level to experienced roles and come with a $2500 signing bonus, benefits including healthcare, 401k matching, and PTO. Employees also receive quarterly performance bonuses. The Albuquerque facility utilizes cutting-edge manufacturing techniques to produce medical devices, supporting Jabil's commitment to enhancing patient lives. Interested applicants can apply through the Jabil Careers website.

IP Infusion and Jabil have launched the 400G ZR Open Line System (OLS), leveraging IP Infusion's OcNOS® software to meet skyrocketing global bandwidth demands. This solution facilitates efficient transport of 400ZR signals over distances of up to 120 kilometers, targeting enhanced network agility and reduced total cost of ownership. With increasing needs for disaggregated networking solutions, this product is aimed at service providers, data center operators, and OEMs, and is compatible with standard Ethernet switches and cloud servers.

Jabil (NYSE: JBL) has unveiled its new CFP2 DCO ECO coherent transceiver at OFC 2022, enhancing its coherent product offerings for 100G long-haul and 200G metro networks. This second-generation module supports both 100Gb/s and 200Gb/s line rates and is based on advanced DSP and optical engine technologies to minimize power consumption. The transceiver is compatible with existing systems and is available for sampling, with general availability expected mid-2022. Jabil continues to innovate in optical communications, collaborating with industry leaders like Marvell and Nokia.

Jabil Inc. (NYSE: JBL) will release its second quarter fiscal year 2022 financial results on March 16, 2022, before market opening. A conference call and webcast will follow at 8:30 a.m. ET to discuss the results. Interested parties can access the live audio via Jabil's Investor Relations website, with a replay available post-call. Jabil, a leading manufacturing solutions provider, employs over 260,000 in 100 locations worldwide, serving top global brands with extensive technical and design capabilities.

Jabil (NYSE: JBL) has announced a strategic partnership with EFFECT Photonics to co-develop next-generation coherent optical modules. Targeted at network operators and hyperscalers, these modules offer high performance in a compact design with low power consumption. This collaboration merges Jabil's manufacturing expertise with EFFECT's advanced System-on-Chip technology, enhancing both companies' capabilities to meet growing data demands. The modules aim to facilitate better service continuity and address security and sustainability challenges in the ever-expanding data landscape.

Jabil (NYSE: JBL) has launched a new Open Line System (OLS) in collaboration with IP Infusion, aimed at enhancing optical communications. The 400G ZR OLS optimizes 400ZR signal transport over 80/120 kilometers, addressing the increasing global demand for bandwidth. This development represents a shift towards disaggregated solutions in optical transport networks, promising lower total cost of ownership (TCO) and simplified operations. The product, housed in a standard 1RU chassis, is designed for easy integration into existing networks, available to a range of customers and OEMs.

Jabil Inc. (NYSE: JBL) has declared a quarterly dividend of $0.08 per share for shareholders of record as of February 15, 2022, payable on March 2, 2022. This marks the continuation of Jabil's commitment to returning value to shareholders, having consistently paid cash dividends since May 15, 2006. With over 260,000 employees globally, Jabil provides comprehensive manufacturing solutions to leading brands, complemented by its extensive supply chain insights and technical capabilities.

Jabil Inc (NYSE: JBL) has launched a goal of completing one million volunteer hours in 2022 to support local communities. This initiative began with a Serve-a-Thon in St. Petersburg, Florida, involving local organizations and activities like beach cleanup and reading to students. Jabil's approach emphasizes Education, Empowerment, and the Environment through various community projects, including STEM mentoring and food delivery to underserved areas. The company aims to enhance its outreach globally, showcasing its commitment to corporate social responsibility.