Global Citizenship: Cultivating Cross-border Partnerships With Integrity
Nolan’s Notes: Moving Forward With Confidence
The Knowledge Base: Beyond the Badge—Why Membership Matters More Than Ever
Jabil Reports Strong Revenue Growth for Q1 FY2018
December 15, 2017 | Business WireEstimated reading time: 1 minute
Jabil Inc. reported preliminary, unaudited financial results for its first quarter of fiscal year 2018, including first quarter net revenue of $5.6 billion. For the first quarter of fiscal year 2018, U.S. GAAP operating income was $145.8 million and diluted earnings per share was $0.35.
The company reported a revenue growth of 13% for its Diversified Manufacturing Services (DMS) division, while the Electronics Manufacturing Services (EMS) division posted a revenue growth of 6%.
"I'm extremely pleased with our first quarter results and a strong start to the year," said CEO Mark Mondello. "As expected, we saw solid revenue growth across both our DMS and EMS segments, resulting in 15% growth, year-on-year, of core earnings per share. The quarter is a great illustration of the strength and diversification across the company."
Second Quarter of Fiscal Year 2018 Guidance:
- Net revenue: $4.75 billion to $5.05 billion
- U.S. GAAP operating income: $124 million to $169 million
- U.S. GAAP diluted earnings per share: $0.31 to $0.57 per diluted share
- Core operating income (Non-GAAP): $160 million to $200 million
- Core diluted earnings per share (Non-GAAP): $0.50 to $0.74 per diluted share
- Diversified Manufacturing Services: Increase revenue 25% year-on-year
- Electronics Manufacturing Services: Increase revenue 1% year-on-year
- Total company: Increase revenue 10% year-on-year
"Our second quarter guidance, which suggests ten% revenue growth and nearly 25% core EPS growth year-on-year, is an absolute reflection of the momentum we have in our business today. Moreover, we anticipate the growth to continue in the second half of the fiscal year, resulting in core earnings per share of approximately $2.60 for 2018," added Mondello.
About Jabil
Jabil is a product solutions company providing comprehensive design, manufacturing, supply chain and product management services. Operating from over 100 facilities in 29 countries, Jabil delivers innovative, integrated and tailored solutions to customers across a broad range of industries. For more information, visit jabil.com.
Share on:
Suggested Items
PC AIB Shipments Follow Seasonality, Show Nominal Increase for Q4’24
06/06/2025 | JPRAccording to a new research report from the analyst firm Jon Peddie Research, the growth of the global PC-based graphics add-in board market reached 9.2 million units in Q1'25 and desktop PC CPUs shipments decreased to 17.8 million units.
Nordson Reports Q2 Fiscal 2025 Results and Q3 Guidance
05/30/2025 | BUSINESS WIRENordson Corporation reported results for the fiscal second quarter ended April 30, 2025. Sales were $683 million compared to the prior year’s second quarter sales of $651 million.
Off-Season Slowdown and Inventory Pressure Drive Over 20% QoQ Revenue Drop for Top Five NAND Flash Brands in 1Q25
05/29/2025 | TrendForceTrendForce’s latest findings reveal that the top NAND Flash suppliers faced mounting inventory pressure and weakening end-market demand in the first quarter of 2025. Consequently, the industry saw a 15% QoQ decline in ASP and a 7% drop in shipment volume.
Eltek Reports 2025 Q1 Financial Results; Revenue Up 8%
05/20/2025 | PRNewswireEltek Ltd., a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), announced its financial results for the quarter ended March 31, 2025.
SEMI Reports Typical Q1 2025 Semiconductor Seasonality with Potential for Atypical Shifts Due to Tariff Uncertainty
05/19/2025 | SEMIAccording to the Q1 2025 Semiconductor Manufacturing Monitor (SMM) Report released by SEMI in collaboration with TechInsights, the global semiconductor manufacturing industry entered 2025 with typical seasonal patterns.