Jabil (JBL) Tops Q1 EPS by 9c, Offers Guidance

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Go back to Jabil (JBL) Tops Q1 EPS by 9c, Offers Guidance

Jabil Delivers Record Quarterly Results

December 17, 2019 8:00 AM EST

Raises FY20 Outlook Based on Nice Start to the Year

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its first quarter of fiscal year 2020.

Our first quarter results reflect exceptional execution across all of our businesses, said CEO Mark Mondello. Our team delivered strong revenue and achieved our margin target, enabling us to drive core EPS well-above expectations, he added.

First Quarter of Fiscal Year 2020 Highlights:

Net revenue: $7.5 billion Diversified Manufacturing Services (DMS) year-on-year revenue growth: 3... More