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 (NYSE: JBL) will present at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 25, 2021, at 8:45 a.m. EST. A live audio webcast and replay will be available on Jabil's Investor Relations website, ensuring accessibility for interested parties. Jabil is a leading manufacturing solutions provider, employing over 260,000 people across 30 countries and offering extensive market experience, technical capabilities, and supply chain insights. For more information, visit Jabil's Investor Relations.
Jabil Packaging Solutions has launched a connected packaging platform aimed at enhancing user experiences for Consumer Packaged Goods (CPG) companies. This innovative platform utilizes sensors, connectivity, and cloud technologies to facilitate seamless reordering for consumers. With the growth of e-commerce and subscription services driven by the pandemic, Jabil positions itself uniquely in the market by offering comprehensive services across the connected packaging value chain. The platform aims to boost convenience and brand loyalty while addressing industry shifts and evolving consumer needs.
Jabil Inc. (NYSE: JBL) has declared a quarterly dividend of $0.08 per share, payable on June 2, 2021, to shareholders on record as of May 14, 2021. This marks a continuation of Jabil's commitment to returning value to its shareholders, having paid consecutive dividends since May 15, 2006. The company is recognized for its extensive manufacturing solutions and global reach, serving over 260,000 employees across 100 locations worldwide.
Jabil Inc. (NYSE: JBL) has priced a $500 million offering of 1.700% Senior Notes due 2026, expected to close on April 14, 2021. The proceeds will primarily be used to repay a $300 million term loan facility. Jabil continues to serve as a key manufacturing solutions provider globally, supporting leading brands with extensive market expertise and capabilities.
For more details on the offering, Jabil has filed relevant documentation with the SEC, which can be accessed online.
Jabil Inc. (NYSE: JBL) has launched a new patent pending additive material, Jabil PA 0600, designed for high-strength applications in the aerospace, automotive, and industrial sectors. Developed at their Minnesota Materials Innovation Center, this filament offers superior stiffness, durability, and safety by eliminating formaldehyde emissions during processing, making it a safer alternative to traditional Acetal plastics. Jabil’s survey highlights a growing trend in additive manufacturing, with nearly 50% of surveyed companies expecting to double their use of 3D printing for production parts in the next three to five years.
Jabil reported strong preliminary financial results for Q2 2021, achieving $6.8 billion in net revenue and $285 million in core operating income. Diversified Manufacturing Services saw a 26% year-on-year revenue growth, while Electronics Manufacturing Services faced a 1% decrease. The company provided a positive outlook for Q3, expecting revenue between $6.6 billion and $7.2 billion, with core diluted EPS projected between $0.90 and $1.10. Jabil has raised its FY21 revenue forecast to approximately $28.5 billion with core EPS around $5.
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Jabil Healthcare has announced a strategic collaboration with E3D, gaining exclusive rights to develop a reusable auto-injector and connected variants. This partnership aims to enhance the development of connected drug delivery devices, offering patient-centric benefits and a range of dosing volumes. Jabil's expertise in manufacturing will support the commercialization of these innovative solutions. The agreement positions Jabil to expand its market offering and strengthen its capabilities in digital health technologies, benefiting both the company and its healthcare clients.
Jabil Inc. (NYSE: JBL) will announce its second quarter fiscal year 2021 financial results on Tuesday, March 16, 2021, before 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 dial U.S. (877) 407-6184 or International (201) 389-0877 to join the call, while the live audio webcast will be available on Jabil's Investor Relations website. An archived replay will also be made available post-call.
Jabil (NYSE: JBL) has announced its readiness to deliver FDA-cleared, medical-quality face masks made in the USA through its subsidiary NP Medical, Inc. These masks will support the federal mask mandate issued by President Biden. Jabil's operations in Memphis will fulfill high-volume PPE orders, ensuring accessibility for the general population. The nPro™ masks provide over 99% Sub-micron Particulate and Bacterial Filtration Efficiency, meeting ASTM F2100-19 Level 1 requirements. Jabil emphasizes its commitment to supporting local and state governments during the pandemic.