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Aug 31, 2023
Jabil Q4 2023 Earnings Report
Jabil reported solid Q4 2023 financial results with a consistent DMS revenue and a 13% decline in EMS revenue.
Key Takeaways
Jabil Inc. reported its Q4 and Fiscal Year 2023 results, with net revenue at $8.5 billion, GAAP operating income at $441 million, and GAAP diluted EPS at $1.15. The company's board has increased the share repurchase program to $2.5 billion.
Net revenue for Q4 2023 was $8.5 billion.
Diversified Manufacturing Services (DMS) revenue remained consistent year-on-year.
Electronics Manufacturing Services (EMS) revenue declined by 13 percent year-on-year.
U.S. GAAP diluted earnings per share were $1.15.
Jabil
Jabil
Forward Guidance
Jabil anticipates net revenue between $8.4 billion and $9.0 billion, GAAP operating income between $423 million and $483 million, and GAAP diluted earnings per share between $2.02 and $2.42 for the first quarter of fiscal year 2024.