Elementary Mr. Watson: Ensuring a Smooth Handoff From PCB Design to Fabrication
The Shaughnessy Report: Breaking Down the Language Barrier
Connect the Dots: Designing for Reality—Routing, Final Fab, and QC
Jabil Posts Strong First Quarter Results
December 27, 2024 | JabilEstimated reading time: 1 minute
Jabil Inc., reported preliminary, unaudited financial results for its first quarter of fiscal year 2025.
First Quarter of Fiscal Year 2025 Highlights:
- Net revenue: $7.0 billion
- U.S. GAAP operating income: $197 million
- U.S. GAAP diluted earnings per share: $0.88
- Core operating income (Non-GAAP): $347 million
- Core diluted earnings per share (Non-GAAP): $2.00
“I am very pleased with our first fiscal quarter results, which came in stronger than we anticipated driven by incremental strength in our Cloud, Data Center Infrastructure, and Digital Commerce end-markets. As a result, the team was able to deliver strong Core EPS and cash flow generation during the quarter,” said CEO Mike Dastoor. “We now anticipate approximately $27.3 billion in net revenue, with core operating margins of 5.4%. Core earnings per share now are expected to be $8.75. Importantly, for the year we continue to foresee robust adjusted free cash flow generation of $1.2 billion,” he concluded.
Second Quarter of Fiscal Year 2025 Outlook:
Net revenue: $6.1 billion to $6.7 billion
U.S. GAAP operating income: $183 million to $263 million
U.S. GAAP diluted earnings per share: $0.69 to $1.27 per diluted share
Core operating income (Non-GAAP) (1): $286 million to $346 million
Core diluted earnings per share (Non-GAAP) (1): $1.60 to $2.00 per diluted share
Core operating income and core diluted earnings per share exclude anticipated adjustments of $13 million for amortization of intangibles (or $0.11 per diluted share) and $20 million for stock-based compensation expense and related charges (or $0.18 per diluted share) and $70 million to $50 million (or $0.62 to $0.44 per diluted share) for restructuring, severance and related charges.
Fiscal Year 2025 Outlook:
Net revenue: $27.3 billion
Core operating margin (Non-GAAP): 5.4%
Core diluted earnings per share (Non-GAAP): $8.75 per diluted share
Adjusted Free Cash Flow (Non-GAAP): $1.2 billion
Share on:
Suggested Items
VIA Announces Strategic Collaboration with Solectrix
03/13/2025 | VIA optronics AGVIA optronics AG, a leading supplier of interactive display solutions, today announced a new strategic collaboration with Solectrix GmbH, a full-service provider in the embedded electronics sector.
Würth Elektronik Now an Infineon ‘Preferred Partner’
03/13/2025 | Wurth Elektronik eiSosWürth Elektronik, one of the leading manufacturers of electronic and electromechanical components, is broadening its collaboration with semiconductor manufacturers.
YINCAE: UF 158UL Redefines Underfill for Large Chips
03/12/2025 | YINCAEYINCAE, a leading innovator in advanced materials solutions, today announced the launch of its groundbreaking underfill material, UF 158UL. This cutting-edge product is designed to meet the increasing demands of large format chips, offering unparalleled performance in room temperature flow, fast cure, and high reliability.
ICT Spring Seminar: Nickel Not Welcome Here
03/12/2025 | Pete Starkey, I-Connect007After a miserable, dull, and damp English winter, a really pleasant nearly spring day with the sun shining and daffodils in bloom greeted delegates to the Institute of Circuit Technology Spring Seminar at Puckrup Hall near Tewkesbury, March 5, in Gloucestershire, UK.
indie Semiconductor and GlobalFoundries Announce Strategic Collaboration to Accelerate Automotive Radar Adoption
03/12/2025 | GlobalFoundriesindie Semiconductor, an automotive solutions innovator, has announced a strategic collaboration with GlobalFoundries (Nasdaq: GFS) (GF) to develop its portfolio of high-performance radar systems-on-chip (SoC).