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 announced a compliant solution for its FDA-cleared nPro™ surgical masks, developed with NP Medical, Inc. This initiative aligns with the Berry Amendment, enhancing domestic supply chains for the U.S. government, including the Department of Defense (DoD). Jabil, leveraging its GSA-Schedule status and compliance with recent executive orders, is positioned to fulfill large-scale orders of these masks, ensuring high-quality, American-made products. With over 99% filtration efficiency, Jabil aims to address the ongoing demand for compliant PPE during the pandemic.
Jabil (NYSE: JBL) announced the development of a novel omnidirectional sensor at its optical design center in Jena, Germany. This advanced 3D time-of-flight depth sensor features a 360° x 60° field of view, aimed at enhancing obstacle avoidance and worker safety in robotics. The sensor's innovative design incorporates a custom optical assembly and active illumination, improving data quality and reducing noise. Jabil Optics, with nearly two decades of experience, focuses on optimizing sensor performance for cost-effective solutions in the evolving robotics industry.
Jabil Inc. (NYSE: JBL) reported strong preliminary financial results for Q3 FY21, achieving a core operating income of $277 million on revenues of $7.2 billion. This reflects a 21% growth in Diversified Manufacturing Services year-on-year and an 8% increase in Electronics Manufacturing Services. The company expects Q4 revenues between $7.3 billion and $7.9 billion, raising its FY21 revenue outlook to approximately $29.5 billion and core EPS to about $5.50.
Jabil Packaging Solutions has unveiled the Eco.bottle® product platform for VITTEL®, significantly reducing plastic use by over 50% compared to current bottles. This hybrid design incorporates 80% recycled paper and 20% recycled plastic, enhancing recycling efficiency with a patented tear strip for easy separation. The launch follows a collaboration begun in 2020, showcasing at the Tour de France from June 26 to July 18, 2021. The innovative bottle aims to address sustainability challenges in packaging and aligns with consumer expectations for responsible waste management.
Jabil Inc. (NYSE: JBL) will disclose its third quarter fiscal year 2021 financial results on June 17, 2021, before market opening. A conference call and webcast will take place at 8:30 a.m. ET on the same day to discuss the results. Investors can join via dial-in numbers or access the live audio webcast and presentation through the Investor Relations section of Jabil's website.
Jabil operates in over 100 locations across 30 countries with a workforce exceeding 260,000 employees, serving many of the world's leading brands.
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.
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