Flexible Electronics News

Jabil Updates Fiscal 2024 Outlook

Jabil now expects revenue to be in the range of $8.3 billion - $8.4 billion for the first fiscal quarter.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Jabil Inc. announced it is updating its outlook for fiscal 2024. “During the final stretch of our first quarter, we experienced softening in demand, as a result of short-term inventory corrections across certain end-markets where we participate,” said CEO Kenny Wilson. Jabil now expects revenue to be in the range of $8.3 billion – $8.4 billion for the first fiscal quarter, slightly below the low end of its previously announced range, while the outlook for core earnings per share duri...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters