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 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.
Jabil Inc. (NYSE: JBL) will hold its Annual Meeting of Shareholders in a virtual format on January 20, 2022, at 10:00 a.m. (EST). Shareholders as of November 30, 2021, can vote and ask questions via the online platform. The meeting will cover formal proposals and include a Q&A with the CEO and CFO. A replay will also be accessible on the Jabil Investor Relations website. Jabil employs over 260,000 individuals across 100 locations globally, focusing on manufacturing solutions for major brands.
Carnival Corporation (CCL, CUK) has partnered with Jabil (JBL) to open a manufacturing facility for Experience IoT consumer wearables in Santo Domingo, Dominican Republic. This facility marks the first production site outside of Asia for the Princess Medallion, a device designed to enhance guest experiences on cruise ships.
With this partnership, Carnival aims to support Caribbean economic development while boosting production capacity. The Medallion enables touchless interactions and personalized services for cruise guests.
Jabil Inc. (NYSE: JBL) has partnered with Carnival Corporation (NYSE: CCL; NYSE: CUK) to manufacture and fulfill the Princess Medallion® in Bajos de Haina, Dominican Republic. This new facility will enhance just-in-time, direct-to-port fulfillment for the Princess Fleet. It features over 60,000 square feet of manufacturing space and employs over 600 workers, with more jobs expected in the next three years. The partnership aims to address logistics challenges and support the growing demand for experiential IoT wearables.
Jabil reported preliminary financial results for Q1 FY2022, revealing net revenue of $8.6 billion. The company's Diversified Manufacturing Services and Electronics Manufacturing Services saw year-on-year revenue growth of 11% and 7%, respectively. The U.S. GAAP operating income stood at $350 million, with diluted earnings per share at $1.63. For Q2 FY2022, Jabil forecasts net revenue between $7.1 billion and $7.7 billion, while the full fiscal year outlook predicts revenue of $31.8 billion and core EPS of $6.55.
Jabil Inc. (NYSE: JBL) will release its first quarter fiscal 2022 financial results on December 16, 2021, before market open. A conference call and webcast will follow at 8:30 a.m. ET to discuss the results. Investors can access the live audio webcast via Jabil’s Investor Relations page. Jabil is a global manufacturing solutions provider, employing over 260,000 individuals across 100 locations in 30 countries.
Badger Technologies, a product division of Jabil, partners with TrackTik Software to enhance security operations at the National Veterans Memorial and Museum in Columbus, Ohio. The pilot program utilizes the Badger PatrolBot autonomous robot to automate manual security checks, thereby improving safety for visitors and staff. The robot will participate in the Veterans Day celebration on November 11, 2021. This collaboration aims to streamline security processes, leveraging technology to enhance operational efficiency.
The premier active alignment technology innovator, Kasalis, has launched the new Pixid™ 700 platform, aimed at enhancing optical alignment manufacturing for complex light path applications. This innovative system improves flexibility, efficiency, and cost-effectiveness in sectors like LiDAR, Augmented Reality, and Virtual Reality. With capabilities including 5nm linear and 0.2μrad angular precision, the platform supports high-volume production. Kasalis operates under Jabil Inc. (NYSE: JBL), a leader in manufacturing solutions.
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