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Jabil Inc - JBL STOCK NEWS

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.

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Jabil (NYSE: JBL) reaffirmed its fiscal year 2024 guidance, projecting Q3 net revenue between $6.2 billion and $6.8 billion, U.S. GAAP operating income ranging from $221 million to $301 million, and a diluted EPS between $0.82 and $1.38. The core operating income is anticipated to be between $325 million and $385 million with a core diluted EPS from $1.65 to $2.05. Despite market challenges, Jabil expects to achieve core margins of 5.6% and a core diluted EPS of $8.40 for FY24, while generating over $1 billion in adjusted free cash flow. Due to uncertainties in certain markets and a CEO transition, the fiscal year 2025 guidance has been withdrawn. Jabil remains optimistic about future growth opportunities in sectors such as AI data centers, electric vehicles, and healthcare.

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Jabil (NYSE: JBL) has announced significant leadership changes effective immediately. Michael Dastoor has been promoted from CFO and Interim CEO to Chief Executive Officer, succeeding Kenneth Wilson. Gregory Hebard, formerly Senior Vice President and Treasurer, is now the Chief Financial Officer. These changes follow a corporate policies investigation disclosed in April 2024, which has no impact on the company's financial statements. Additionally, Fred McCoy is the new Executive VP of Operations. Steve Borges returns as Executive VP of Global Business Units, while Matt Crowley and Andy Priestley are appointed Executive VPs of Global Business Units. These leadership transitions are expected to guide Jabil into its next growth phase.

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Jabil (NYSE: JBL) has announced its participation in the upcoming J.P. Morgan Global Technology, Media and Communications Conference. This event is scheduled for Tuesday, May 21, 2024, at 8:10 AM EST. Interested parties can access a live audio webcast and replay on the Jabil Investor Relations website.

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Jabil Inc. (NYSE: JBL) has declared a quarterly dividend of $0.08 per share of common stock, payable on June 4, 2024, to shareholders of record as of May 15, 2024. The company has a history of paying consecutive quarterly cash dividends on its common shares since May 15, 2006.
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MaxLinear and Jabil collaborate to produce 800G silicon photonics-based optical transceiver modules, leveraging Intel's cutting-edge technology for the AI/ML market. The partnership promises high performance and scalability, setting a new standard in data transmission efficiency and reliability.
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OpenLight partners with Jabil to revolutionize silicon photonics manufacturing, offering 'Silicon to Solutions' services for faster production and optimized efficiency.
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Jabil Inc. (JBL) reports strong financial results for Q2 FY24 despite revenue headwinds. CEO Kenny Wilson highlights resiliency and strong core operating margins. Q2 FY24 sees net revenue of $6.8 billion with core operating income of $338 million. Q3 FY24 outlook projects net revenue of $6.2 billion to $6.8 billion. Fiscal Year 2024 updated outlook includes net revenue of $28.5 billion and core diluted earnings per share of $8.40.
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Jabil Inc. (JBL) Shanghai site receives prestigious Shingo Prize for operational excellence, marking a significant achievement in the medical device manufacturing sector. The award highlights Jabil's commitment to standardized processes, lean culture, and exceptional employee dedication. With over 3,000 employees, the site offers a wide range of capabilities and is FDA and NMPA certified. Jabil's global operational excellence is a key driver in meeting customer needs.
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Jabil Inc. (JBL) announces the release of its second-quarter fiscal year 2024 financials on March 15, 2024, with a conference call and webcast to review the results.
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Jabil Inc. (NYSE: JBL) strengthens its dedication to climate action, waste reduction, and resource efficiency in its recent press release.
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Jabil Inc

NYSE:JBL

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13.93B
105.24M
1.84%
96.16%
2.65%
Electronic Components
Printed Circuit Boards
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United States
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