06.20.22
Jabil Inc. reported preliminary, unaudited financial results for its third quarter of fiscal year 2022.
“The effectiveness of our business model was on display during Q3, as the team delivered strong revenue and earnings results,” said Mark Mondello, Jabil chairman and CEO. “Our diversified approach has been designed to be flexible and resilient as we aim to deliver for both our customers and stakeholders. During the quarter, I believe the team did an outstanding job rising to the challenge.”
Third Quarter of Fiscal Year 2022 highlights included:
• Net revenue: $8.3 billion
• Diversified Manufacturing Services (DMS) year-on-year revenue growth: 7%
• Electronics Manufacturing Services (EMS) year-on-year revenue growth: 23%
• U.S. GAAP operating income: $321 million
• U.S. GAAP diluted earnings per share: $1.52
• Core operating income (Non-GAAP): $352 million
• Core diluted earnings per share (Non-GAAP): $1.72
“As we look ahead, we see solid demand in key areas of our business,” added Mondello. “Given this ongoing momentum, we now expect FY22 revenue to be in the neighborhood of $32.8 billion and core EPS to be $7.45.”
“The effectiveness of our business model was on display during Q3, as the team delivered strong revenue and earnings results,” said Mark Mondello, Jabil chairman and CEO. “Our diversified approach has been designed to be flexible and resilient as we aim to deliver for both our customers and stakeholders. During the quarter, I believe the team did an outstanding job rising to the challenge.”
Third Quarter of Fiscal Year 2022 highlights included:
• Net revenue: $8.3 billion
• Diversified Manufacturing Services (DMS) year-on-year revenue growth: 7%
• Electronics Manufacturing Services (EMS) year-on-year revenue growth: 23%
• U.S. GAAP operating income: $321 million
• U.S. GAAP diluted earnings per share: $1.52
• Core operating income (Non-GAAP): $352 million
• Core diluted earnings per share (Non-GAAP): $1.72
“As we look ahead, we see solid demand in key areas of our business,” added Mondello. “Given this ongoing momentum, we now expect FY22 revenue to be in the neighborhood of $32.8 billion and core EPS to be $7.45.”