Flexible Electronics News

Jabil Posts Third Quarter 2019 Results

3Q 2019 highlights include net revenue of $6.1 billion, US GAAP operating income of $140.9 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Jabil Inc. reported preliminary, unaudited financial results for its third quarter of fiscal year 2019.   Third quarter of fiscal year 2019 highlights include net revenue of $6.1 billion and US GAAP operating income of $140.9 million. Core operating income (non-GAAP) was $185.8 million. Diversified Manufacturing Services (DMS) year-on-year revenue decreased 6%, while Electronics Manufacturing Services (EMS) year-on-year revenue growth was 26%.   “I’m extremely pleased with our third quarter ...

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