Flexible Electronics News

Jabil Posts 2Q 2018 Results, Reiterates Positive Outlook

Second quarter net revenue was $5.3 billion, with US GAAP operating income of $129.5 million.

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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 2018, including second quarter net revenue of $5.3 billion. For the second quarter of fiscal year 2018, US GAAP operating income was $129.5 million and US GAAP diluted earnings per share was $0.21.   “I’m pleased with the results of our second quarter, which was characterized by strong revenue growth, core operating income expansion and healthy cash flow generation,” said CEO Mark Mondello. “Addi...

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