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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 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.

News

Jabil Acquires Retronix to Advance Circular Economy Initiatives

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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 Announces Upcoming Changes to the Board of Directors

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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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Jabil Invests in the Future of AI with Intel Silicon Photonics Transceiver Deal

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Jabil Inc. has announced that it will take over the manufacture and sale of Intel's Silicon Photonics-based pluggable optical transceiver product lines and develop future generations of such modules. This deal strengthens Jabil's position and capabilities in the data center industry, allowing them to cater to the needs of customers in hyperscale, next-wave clouds, and AI cloud data centers. Jabil's photonics business unit offers complete photonics capabilities, including component design, system assembly, and streamlined supply chain management.
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Jabil Declares Quarterly Dividend

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Jabil Inc. declares quarterly dividend of $0.08 per share of common stock
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Fictiv Launches Major USA 3D Printing Service Expansion

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Fictiv announces new updates to its 3D printing service, including expanded materials and online quoting features.
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Jabil Posts Fourth Quarter and Fiscal Year 2023 Results

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Jabil increases share repurchase authorization to $2.5 billion. Q4 2023 net revenue: $8.5 billion. Q4 EMS revenue decline: 13%. Q4 core diluted EPS: $2.45. FY 2023 net revenue: $34.7 billion. FY DMS revenue growth: 8%. Q1 2024 outlook: net revenue $8.4 billion to $9.0 billion. Board of Directors amends share repurchase program.
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Jabil Announces Definitive Agreement to Divest Mobility Business for $2.2 Billion

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Jabil Inc. has signed a definitive agreement to divest its Mobility business to BYD Electronic in a cash transaction valued at $2.2 billion. The transaction is expected to close within the first two quarters of Jabil's current fiscal year 2024. Jabil CEO Kenny Wilson stated that the transaction will enhance the company's shareholder-centric capital framework and provide opportunities for further investment in electric vehicles, renewable energy, healthcare, AI cloud data centers, and other end-markets.
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Calix Continues 24-Year Leadership in US Rural Broadband by Expanding Strategy To Include American Manufacturing, Ensuring Full Participation in the Broadband Equity, Access, and Deployment (BEAD) Program

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Calix and Jabil announce strategy to meet BABA requirements by manufacturing broadband hardware systems in the US
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Calix To Continue 24-Year Leadership in US Rural Broadband, Affirming Commitment to BEAD ‘Build America, Buy America’

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Calix announces strategy to meet Build America, Buy America requirements
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Badger Technologies and Stop & Shop Stores Upgrade Marty the Robot at 300+ Locations to Improve Customer Shopping Experiences

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Badger Technologies partners with Stop & Shop to expand the use of Marty the Robot at over 300 stores, improving on-shelf product availability and price accuracy.
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FAQ

What is the current stock price of Jabil (JBL)?

The current stock price of Jabil (JBL) is $145.67 as of December 23, 2024.

What is the market cap of Jabil (JBL)?

The market cap of Jabil (JBL) is approximately 16.1B.

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.

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Jabil Inc.

NYSE:JBL

JBL Rankings

#626 Ranked by Market Cap
#2104 Ranked by Dividends

JBL Stock Data

16.12B
109.50M
3.12%
95.24%
2.37%
Electronic Components
Printed Circuit Boards
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United States of America
ST PETERSBURG