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In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
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Jabil Posts Q4 and Fiscal Year 2022 Results
September 29, 2022 | JabilEstimated reading time: Less than a minute
Jabil Inc., reported preliminary, unaudited financial results for its fourth quarter and fiscal year ended August 31, 2022.
“The team delivered yet another solid year in FY22,” said Chairman and CEO Mark Mondello. “I’d like to thank our reliable workforce and acknowledge the positive impact of our large-scale, well-diversified commercial portfolio,” he added.
Fourth Quarter of Fiscal Year 2022 Highlights:
- Net revenue: $9.0 billion
- Diversified Manufacturing Services (DMS) year-on-year revenue growth: 13 percent
- Electronics Manufacturing Services (EMS) year-on-year revenue growth: 32 percent
- U.S. GAAP operating income: $409 million
- U.S. GAAP diluted earnings per share: $2.25
- Core operating income (Non-GAAP): $447 million
- Core diluted earnings per share (Non-GAAP): $2.34
Fiscal Year 2022 Highlights:
- Net revenue: $33.5 billion
- Diversified Manufacturing Services (DMS) year-on-year revenue growth: 9 percent
- Electronics Manufacturing Services (EMS) year-on-year revenue growth: 20 percent
- U.S. GAAP operating income: $1.4 billion
- U.S. GAAP diluted earnings per share: $6.90
- Core operating income (Non-GAAP): $1.5 billion
- Core diluted earnings per share (Non-GAAP): $7.65
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