Jabil Inc. reports news about its global engineering, supply chain, and manufacturing solutions business, including earnings releases, dividends, board governance, manufacturing partnerships, and workforce initiatives. The company serves customers across electronics design, production, and product management, with activity tied to intelligent infrastructure, regulated industries, connected living, digital commerce, cloud and data center infrastructure, networking, communications, automotive, healthcare, renewables, and semiconductor capital equipment.
Recurring updates include fiscal-quarter results and outlook commentary, common-stock dividend declarations, board appointments and chairman changes, and collaborations that broaden Jabil's manufacturing and technology coverage. Jabil news also includes community and talent-development programs linked to advanced manufacturing training.
Jabil Inc. (NYSE: JBL) reported strong preliminary results for Q2 fiscal 2023, with net revenue reaching $8.1 billion, reflecting solid growth in both Diversified Manufacturing Services (8%) and Electronics Manufacturing Services (7%). U.S. GAAP operating income was $359 million, with diluted EPS at $1.52. The company projected Q3 revenue between $7.9 billion and $8.5 billion, and diluted EPS between $1.50 and $1.90. For FY 2023, Jabil anticipates a 4.9% core operating margin on $34.5 billion revenue, indicating a positive outlook amid a dynamic macro environment.
Jabil (NYSE: JBL) has launched a new Active Optical Cable (AOC) family, designed to improve performance in data centers and cloud environments. The AOC utilizes VCSEL technology and PAM4 DSP technology, enhancing bandwidth while reducing latency and power consumption. Jabil's first 800G AOC product supports point-to-point communications up to 800Gbps and distances of up to 100 meters. This product, available in QSFP-DD and OSFP form factors, aims to meet the growing demands of AI, cloud, HPC, and ML applications. Jabil is also working on 400G AOC products to broaden its portfolio.
Jabil Inc. (NYSE: JBL) has announced it will release its second quarter fiscal year 2023 financial results on March 16, 2023, prior to market opening. The company will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. Interested parties can access the webcast via Jabil's Investor Relations website. Jabil is a leading manufacturing solutions provider, employing over 250,000 individuals across 100 locations in 30 countries. The company is committed to making a positive impact on communities and the environment.
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Jabil Inc. (NYSE: JBL) has announced a quarterly dividend of $0.08 per share on its common stock, effective for shareholders of record as of February 15, 2023. The dividend will be paid on March 2, 2023. Jabil has consistently paid quarterly cash dividends since May 15, 2006, reflecting its commitment to returning value to shareholders. The company employs over 250,000 people across 100 locations in 30 countries, serving leading global brands with manufacturing solutions.
Jabil (NYSE: JBL) has partnered with ams OSRAM and Artilux to develop a next-generation SWIR 3D camera suitable for both indoor and outdoor use, with a range of 20 meters. Demonstrated in Jena, Germany, the camera operates at a wavelength of 1130 nm, enhancing performance in bright sunlight. The innovation is set to support advancements in automation, particularly in industrial robotics, where improved 3D sensing is crucial for functions like obstacle detection and route planning. This project highlights Jabil's ongoing commitment to optical design and manufacturing, bolstering its position in the market.
Jabil Inc. (NYSE: JBL) has announced its Annual Meeting of Shareholders to be held virtually on January 26, 2023, at 10:00 a.m. (EST). Shareholders of record as of November 30, 2022, can vote and ask questions via an online platform. Guests can participate in listen-only mode. The meeting will be accessible through the Jabil Investor Relations website, where a replay of the webcast will also be available. With over 260,000 employees across 100 locations in 30 countries, Jabil continues to provide manufacturing solutions to leading global brands.
Jabil Inc. (NYSE: JBL) reported robust preliminary results for Q1 FY2023, achieving a net revenue of $9.6 billion and a core EPS of $2.31. The company experienced significant growth, with Electronics Manufacturing Services up 18% year-over-year and Diversified Manufacturing Services increasing 8%. For Q2 FY2023, Jabil forecasts revenues between $7.8 billion and $8.4 billion. The fiscal year outlook for core EPS has been raised to $8.40, reflecting a strong operational performance and favorable market conditions.
Jabil Inc. (NYSE: JBL) announced it will release its first quarter fiscal year 2023 financial results on December 15, 2022, before the market opens. A conference call and webcast will follow at 8:30 a.m. ET on the same day to discuss the results. Investors can join by calling (877) 407-6184 in the U.S. or (201) 389-0877 internationally. Archived access to the webcast will be available afterward. Jabil is a global manufacturing solutions provider, employing over 260,000 across 100 locations worldwide.
Jabil Inc. (NYSE: JBL) has inaugurated a new 10,000 square foot design center in Wroclaw, Poland, aimed at advancing technologies for the automotive and healthcare sectors. The center will create highly skilled engineering jobs and enhance Jabil's design capabilities, covering aspects like electronic power design and project management. With Wroclaw's rich talent pool and strategic location, the center is set to improve Jabil's service for European customers. Additionally, Jabil will co-locate its European Human Resources Employee Services team in the city.