Flexible Electronics News

Jabil Posts Third Quarter 2018 Results

Reaffirms EPS targets for FY18 and FY19; extends capital return framework.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Jabil Inc. reported preliminary, unaudited financial results for its third quarter of fiscal year 2018. The company reported net revenue of $5.4 billion, US GAAP operating income of $113.0 million and US GAAP diluted earnings per share of $0.25.   “Our team achieved a strong third quarter characterized by solid revenue growth and core margin expansion, year-on-year, while navigating a challenging components market,” said CEO Mark Mondello. “Our DMS segment grew by 36%, well-ahead of expectatio...

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