Flexible Electronics News

Jabil Posts First Quarter 2024 Results

Reports net revenue of $8.4 billion, U.S. GAAP operating income of $303 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Jabil Inc. reported preliminary, unaudited financial results for its first quarter of fiscal year 2024.   “As previously announced, we experienced a broad-based softening in demand during the final stretch of our first quarter, which you can see reflected in our first quarter revenue,” said CEO Kenny Wilson. “Despite softer demand, the team delivered good year-over-year growth in core margins and core earnings per share.”   First Quarter of Fiscal Year 2024 Highlights: • Net revenue: $8.4 b...

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