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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.
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Jabil Inc. collaborates with Revolut to provide merchants with a custom, pre-certified mobile point-of-sale solution called Revolut Reader, enabling them to accept in-store or on-the-go payments. The collaboration aims to support Revolut's global expansion in merchant acquiring, with Jabil's retail automation technologies being showcased at NRF'24. The hardware platform offers instant, secure payment transactions for debit and credit cards, mobile payments, and supports more than 150 currencies. The ongoing collaboration between Jabil and Revolut is scaling manufacturing to meet the growing demand for Revolut Reader, with a focus on continuous innovation to simplify and grow sales for retailers.
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Badger Technologies (JBL) Teams Up with Stop & Shop to Support School Food Pantry Program at NYC-area Schools through #MartyTheRobot Special Promotion at NRF’24
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Jabil Inc. (NYSE: JBL) closes $2.2 billion divestiture of Mobility business to BYD Electronic (International) Company Limited. Q2 FY24 outlook adjusted, anticipates lower net revenue and core earnings per share. CFO Mike Dastoor expects to utilize $2.5 billion repurchase authorization this fiscal year.
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Jabil Inc. (NYSE: JBL) reported preliminary, unaudited financial results for its first quarter of fiscal year 2024, highlighting net revenue of $8.4 billion, U.S. GAAP operating income of $303 million, and U.S. GAAP diluted earnings per share of $1.47. Despite softer demand, the company delivered good year-over-year growth in core margins and core earnings per share. The second quarter of fiscal year 2024 outlook includes net revenue of $7.0 billion to $7.6 billion and U.S. GAAP operating income of $216 million to $301 million. The fiscal year 2024 updated outlook projects net revenue of $31 billion, core operating margin of 5.3% - 5.5%, and core diluted earnings per share of $9.00+ per diluted share.
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Jabil Inc. (NYSE: JBL) will release its first quarter of fiscal year 2024 financials on Thursday, December 14, 2023, before the market opens. The company will host a conference call and webcast to review the results at 8:30 a.m. ET.
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Badger Technologies (JBL) deploys autonomous robots at Stine, LLC to detect out-of-stock products, confirm correct pricing, and improve operational efficiencies. The robots help decrease out-of-stock products by up to 50% and improve price-tag accuracy by more than 97%. Stine, a 13-store hardware-retail chain, aims to increase productivity and customer service by utilizing these robots.
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Jabil Inc. (NYSE: JBL) has updated its outlook for fiscal 2024, expecting a softening in demand and inventory corrections to impact its first and second fiscal quarters. The company anticipates a decrease in revenue for fiscal 2024 by approximately 7% from previous guidance, while maintaining a resilient core operating margin. Jabil aims to deliver more than $1 billion in adjusted free cash flow for the year and remains committed to its share repurchase strategy.
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Jabil Inc. (JBL) to present at UBS Global Technology Conference on November 28, 2023
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Jabil Inc. has successfully acquired Retronix, a provider of electronic component reclamation and refurbishment services. Retronix offers unique Laser Reballing service that eliminates the need for reflow, extending the lifespan of components. The acquisition adds exclusive technologies to Jabil's portfolio and strengthens its circular economy services. It aims to reduce electronic waste and provide sustainable options to customers in various industries.
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Jabil Inc. announces retirement of Thomas A. Sansone and nomination of Jamie Siminoff and Tiger Tyagarajan to the Board of Directors. Sansone, the current vice chair of the Board, will not seek re-election. Jamie Siminoff and Tiger Tyagarajan have been nominated to stand for election at Jabil's annual shareholders' meeting in January 2024.
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FAQ
What is the current stock price of Jabil (JBL)?
The current stock price of Jabil (JBL) is $131.12 as of November 22, 2024.
What is the market cap of Jabil (JBL)?
The market cap of Jabil (JBL) is approximately 14.6B.
What does Jabil Inc. do?
Jabil Inc. provides comprehensive electronics design, production, and product management services to companies in various industries and end markets.
How many employees does Jabil have?
Jabil employs over 260,000 people across 100 locations in 30 countries.
What are the main business segments of Jabil?
Jabil operates in two segments: Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS).
What is the focus of the EMS segment at Jabil?
The EMS segment focuses on leveraging IT, supply chain design and engineering, and core electronics technologies.
What does the DMS segment of Jabil emphasize?
The DMS segment emphasizes engineering solutions, material sciences, and healthcare technologies.
Who are Jabil's clients?
Jabil partners with some of the world's leading brands across various industries.
What recent partnership has Jabil entered?
Jabil recently partnered with OpenLight to streamline and enhance the manufacturing of Photonic Integrated Circuits (PICs).
What is the purpose of Jabil's partnership with OpenLight?
The partnership aims to fast-track the production and delivery of integrated PICs, addressing the growing demand for faster data processing and overcoming supply chain complexities.
How does Jabil contribute to sustainability?
Jabil is committed to building sustainable processes that minimize environmental impact and foster vibrant and diverse communities.
Where can I find more information about Jabil?
More information about Jabil can be found on their official website, www.jabil.com.
Jabil Inc.
NYSE:JBL
JBL Rankings
JBL Stock Data
14.62B
109.15M
3.12%
95.16%
2.74%
Electronic Components
Printed Circuit Boards
United States of America
ST PETERSBURG