Flexible Electronics News

Jabil Posts Solid First Quarter Fiscal Year 2023 Results

Net revenue was $9.6 billion, with DMS year-on-year revenue growth of 8% and EMS year-on-year revenue growth of 18%.

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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 2023. “Our Q1 FY23 performance was outstanding,” said Jabil chairman and CEO Mark Mondello. “The combination of strong demand, more favorable product mix and excellent execution by the team allowed us to deliver $2.31 in core EPS on revenue of $9.6 billion for the quarter.” First Quarter of Fiscal Year 2023 Highlights: • Net revenue: $9.6 billion • Diversified Manufacturing Services (DMS) ye...

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