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Feb 29, 2020
Jabil Q2 2020 Earnings Report
Jabil's financial performance was adversely impacted by workforce and supply chain disruptions associated with COVID-19, resulting in a GAAP diluted loss per share.
Key Takeaways
Jabil reported a net revenue of $6.1 billion for the second quarter of fiscal year 2020. The company's operations were affected by COVID-19 related disruptions, leading to a GAAP diluted loss per share of $(0.02).
Net revenue reached $6.1 billion.
Diversified Manufacturing Services (DMS) revenue grew by 1 percent year-on-year.
Electronics Manufacturing Services (EMS) revenue grew by 1 percent year-on-year.
U.S. GAAP operating income was $90.6 million.
Forward Guidance
Jabil withdraws its FY20 full year guidance due to the impact of the global pandemic.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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