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Jabil Posts Second Quarter Results; Raises Outlook for Fiscal Year

March 16, 2021 8:00 AM EDT

Strong Secular Trends Driving Business to New Heights

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its second quarter of fiscal year 2021.

Our second quarter performance was outstanding, said CEO Mark Mondello. The combination of broad end-market strength, more favorable product mix, and excellent operational execution by the team allowed us to deliver $285 million in core operating income on revenue of $6.8 billion, he added.

Second Quarter of Fiscal Year 2021 Highlights:

Net revenue: $6.8 billion Diversified Manufacturing Services (DMS)... More