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Key TakeawaysJabil beat fourth-quarter profit and sales estimates on the soaring demand for artificial intelligence infrastructure products.The Apple supplier approved a $1 billion share repurchase.Jabil also announced a restructuring, including layoffs, which will cost $150 million to $200 million in fiscal 2025. Jabil (JBL) shares soared Thursday after the circuit board manufacturer posted better-than-expected results on artificial intelligence (AI) demand, authorized a stock buyback program, and launched ...

JABIL FOURTH QUARTER & FISCAL YEAR 2024 Financial Results and Investor Briefing PUBLIC | ©Jabil Inc. 2024. All Rights Reserved. 1 Fiscal Year 2024 Financial Results $28.9 BILLION NET REVENUE 5.5% CORE OP MARGIN1 $8.49 CORE EPS1 $1+ BILLION FREE CASH FLOW1 1 See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/ JABIL PUBLIC | ©Jabil Inc. 2024. All Rights Reserved. 2 New Business Segments REGULATED INDUSTRIES Focusing on regulated markets. • Automotive & Transportat ...

Jabil Inc. (NYSE:JBL) Q4 2024 Earnings Conference Call September 26, 2024 8:30 AM ET Company Participants Adam Berry - Senior Vice President, Investor Relations & Communications Greg Hebard - Chief Financial Officer Steve Borges - Head, Regulated Industries Matt Crowley - Head, Intelligent Infrastructure Andy Priestley - Head, Connected Living & Digital Commerce Mike Dastoor - Chief Executive Officer Conference Call Participants Ruplu Bhattacharya - Bank of America George Wang - Barclays Steven Fox - Fox Ad ...

Jabil, Inc. (JBL) reported healthy fourth-quarter fiscal 2024 results, with both the bottom and top lines surpassing the Zacks Consensus Estimate. However, weakness in multiple end markets, including networking, storage, digital print, retail, 5G wireless & cloud, led to a revenue contraction year over year. Growth in AI-powered data center is a tailwind.Net IncomeNet income on a GAAP basis in the quarter was $138 million or $1.18 per share compared with $155 million or $1.15 per share in the prior-year qua ...

Jabil (JBL) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.14%. A quarter ago, it was expected that this electronics manufacturer would post earnings of $1.85 per share when it actually produced earnings of $1.89, delivering a surprise of 2.16%.Over the last four quarters, the comp ...

Exhibit 99.1 Jabil Posts Fourth Quarter and Fiscal Year 2024 Results Company Announces New $1 Billion Share Repurchase Authorization, Provides Fiscal Year 2025 Outlook ST. PETERSBURG, Fla. – September 26, 2024 – Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its fourth quarter and fiscal year ended August 31, 2024. "It's evident that Jabil has undergone a substantial transformation this fiscal year: a year during which we sold our Mobility business, saw growth in the AI ...

Jabil Inc. JBL will release earnings results for its fourth quarter, before the opening bell on Thursday, Sept. 26.Analysts expect the Saint Petersburg, Florida-based company to report quarterly earnings at $2.22 per share, down from $2.45 per share in the year-ago period. Jabil is projected to post quarterly revenue of $6.59 billion, down from $8.46 billion a year earlier, according to data from Benzinga Pro.On Sept. 23, Jabil said it expanded silicon photonics capabilities to enable next-generation AI and ...

Jabil Inc. (JBL) recently announced a significant expansion of the production capabilities of its silicon photonics-based products in Ottawa, Canada, to support the escalating demands from hyperscalers and cloud and AI data centers. The company plans to introduce the additional capabilities at the end of fiscal 2024, focusing on advanced photonics packaging for new product introductions (NPIs).The NPI line will likely incorporate cutting-edge technologies to facilitate faster transitions from proof of conce ...

Jabil Inc. (JBL) is set to release fourth-quarter fiscal 2024 results on Sept. 26, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 2.16%. It pulled off a trailing four-quarter earnings surprise of 3.10%, on average.The leading global supplier of electronic manufacturing services is likely to witness a revenue contraction year over year in the fourth quarter of fiscal 2024. Soft demand trends in some end markets and macroeconomic challenges are likely to i ...