Flexible Electronics News

Jabil Posts 4Q, Fiscal Year 2024 Results

Reports net revenue of $28.9 billion, U.S. GAAP operating income of $2 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Jabil Inc. reported preliminary, unaudited financial results for its fourth quarter and fiscal year ended Aug. 31, 2024. “It’s evident that Jabil has undergone a substantial transformation this fiscal year: a year during which we sold our Mobility business, saw growth in the AI datacenter sector, and faced challenges in multiple end-markets,” said CEO Mike Dastoor. “Despite these changes, we delivered core margins of 5.5% and $8.49 of core diluted EPS in FY24, while generating more than $1...

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