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 leader in electronics manufacturing services and engineering solutions, serving industries from healthcare to cloud infrastructure. This news hub provides investors and professionals with timely updates on corporate developments shaping the manufacturing sector.
Access official press releases, financial reports, and strategic announcements in one centralized location. Track Jabil's operational milestones including supply chain innovations, technology partnerships, and manufacturing expansions that demonstrate its market leadership.
Our curated news collection covers essential updates such as quarterly earnings disclosures, product launch announcements, and sustainability initiatives. Stay informed about Jabil's advancements in material sciences, AI-driven production solutions, and global capacity enhancements.
Bookmark this page for streamlined access to verified information about Jabil's business trajectory. Combine strategic insights with operational data to inform your analysis of this manufacturing solutions provider.
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.
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.
Badger Technologies, a division of Jabil, has launched the Badger UV Disinfect robot, aimed at combating COVID-19 and pathogens in retail environments. Equipped with UV-C technology by UVDI, early tests show over 99% effectiveness against viruses like SARS-CoV-2 and E. coli. The robot can disinfect 40,000 square feet in about two hours. This innovation supports retailers in addressing contamination concerns efficiently. The partnership between Badger Technologies and UVDI aims to enhance infection prevention strategies with ongoing testing planned for Q1.
Jabil Inc. (NYSE: JBL) has declared a quarterly dividend of $0.08 per share, payable on March 2, 2021, to shareholders of record as of February 15, 2021. This marks the continuation of Jabil's commitment to returning value to its shareholders, maintaining consecutive quarterly dividends since May 15, 2006. The company employs over 260,000 people in 100 locations across 30 countries, providing manufacturing solutions to renowned global brands.
Jabil announced the acquisition of Ecologic Brands, a sustainable packaging provider specializing in paper bottles. This strategic move enhances Jabil's offerings in sustainable packaging for consumer goods. The acquisition of Ecologic, which serves major brands like L’Oréal and Seventh Generation, will leverage Jabil's global manufacturing capabilities to reduce plastic use in packaging. The acquisition is expected to expand Jabil's market presence and support its sustainability goals, utilizing Ecologic's innovative products and technologies.
