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May 31, 2022
Jabil Q3 2022 Earnings Report
Jabil's Q3 2022 financial performance was strong, with revenue and earnings exceeding expectations.
Key Takeaways
Jabil Inc. reported strong revenue and earnings for the third quarter of fiscal year 2022, driven by the effectiveness of its business model and the team's ability to rise to challenges. The company also raised its outlook for fiscal year 2022, expecting revenue to be approximately $32.8 billion and core EPS to be $7.45.
Net revenue reached $8.3 billion.
Diversified Manufacturing Services (DMS) experienced a 7% year-on-year revenue growth.
Electronics Manufacturing Services (EMS) saw a 23% year-on-year revenue growth.
U.S. GAAP diluted earnings per share was reported at $1.52.
Jabil
Jabil
Forward Guidance
Jabil anticipates solid demand in key business areas and has updated its FY22 revenue outlook to approximately $32.8 billion and core EPS to $7.45.