Flexible Electronics News

Jabil Posts 2Q 2021 Financial Results

Delivered $285 million in core operating income on revenue of $6.8 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Jabil Inc. reported preliminary, unaudited financial results for its second quarter of fiscal year 2021, enjoying 26% growth in its Diversified Manufacturing Services (DMS) division and reporting $6.8 billion in revenue.   The Electronics Manufacturing Services (EMS) year-on-year revenue decrease was 1%. Jabil reported US GAAP operating income of $236.4 million and US GAAP diluted earnings per share of $0.99.   “Our second-quarter performance was outstanding,” said CEO Mark Mondello. “Th...

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