Welcome to our dedicated page for Jabil news (Ticker: JBL), a resource for investors and traders seeking the latest updates and insights on Jabil stock.
Jabil Inc. (NYSE: JBL) is a global manufacturing solutions provider, boasting a workforce of over 260,000 employees across 100 locations in 30 countries. The company is a trusted partner to some of the world's leading brands, leveraging its extensive end-market expertise, technical and design capabilities, manufacturing prowess, and supply chain insights. Jabil's core business revolves around offering comprehensive electronics design, production, and product management services that cater to various industries and end markets.
Jabil's operations are divided into two key segments:
- Electronics Manufacturing Services (EMS): This segment focuses on IT, supply chain design and engineering, and core electronics technologies. It is the primary revenue driver for Jabil.
- Diversified Manufacturing Services (DMS): This segment emphasizes engineering solutions, material sciences, and healthcare technologies.
In recent developments, Jabil has partnered with OpenLight, a leader in custom PASIC chip design and manufacturing, to streamline the back-end manufacturing ecosystem for Photonic Integrated Circuits (PICs). This collaboration aims to fast-track the production and delivery of integrated PICs, addressing the growing demand for faster data processing and overcoming supply chain complexities.
Jabil is committed to making a positive impact on local communities and the environment. The company combines its global reach with local expertise to deliver scalable and customized solutions, ensuring sustainable processes that minimize environmental impact and foster diverse communities worldwide.
Jabil (NYSE: JBL) has launched the Jabil Payment Solutions unit, enhancing its capacity in payment and point-of-sale platforms. This initiative follows the acquisition of YouTransactor SAS, which serves over 850 clients worldwide. The global market for contactless payment devices is projected to hit $51 billion by 2026. Jabil aims to deliver customizable, secure payment solutions, leveraging YouTransactor's expertise and its own manufacturing capabilities. This strategic move underscores Jabil's commitment to innovation and meeting heightened demand in the cashless transaction space.
SaltMED has entered into a manufacturing agreement with Jabil (NYSE: JBL) to produce its SaltFacial system, highlighting the strong demand for non-invasive aesthetic treatments. The SaltFacial system has achieved significant patient retention, with over 70% of clients booking follow-up appointments shortly after their initial treatment. Jabil's involvement aims to strengthen SaltMED's distribution capabilities in the medical aesthetic market, promising to promote growth and innovation. Both companies are committed to expanding The SaltFacial's reach in the upcoming months.
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
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.
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