Dan’s Biz Bookshelf: ‘Citizen Marketers: When People Are the Message’
It’s Only Common Sense: What To Do When They Won’t Answer the Phone
The Right Approach: ‘Twas the Night Before Christmas (Harley-style)
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
BAE Systems Awarded $68M in U.S. Army Contracts for Additional CATV Production
01/02/2025 | BAE SystemsBAE Systems has been awarded $68 million in contracts to produce an additional 44 Cold Weather All-Terrain Vehicles (CATV) for the U.S. Army.
AEM Appoints Kwek You-Cheer as Chief Financial Officer
01/02/2025 | AEM Holdings Ltd.AEM Holdings Ltd., a global leader in test innovation, today announced the appointment of Kwek You-Cheer as its new Chief Financial Officer (CFO) with effect from 2 January 2025. Kwek has over 20 years’ experience in strategic financial leadership and operations internationally, which positions him well to guide AEM’s financial strategy and drive operational efficiency across the Group.
Logitech Named to Dow Jones Sustainability Europe Index for Fifth Consecutive Year
12/31/2024 | BUSINESS WIRELogitech International has been selected for inclusion in the Dow Jones Sustainability Index (DJSI) for Europe for the fifth consecutive year. The company’s ambitious climate action strategy, including its actions to reduce 50% indirect carbon emissions by 2030, drives transparency and accountability at Logitech.
Mourning at AT&S: Farewell to Hannes Androsch
12/30/2024 | AT&SOn December 11, Dr. Hannes Androsch passed away at the age of 86. AT&S is losing its Chairman of the Supervisory Board – and so much more. When Dr. Hannes Androsch took over AT&S, the Styrian printed circuit board company, from Austrian Industry Holding AG (ÖIAG) with Willibald Dörflinger and Helmut Zoidl back in 1994, AT&S had 939 employees.
'Qualcomm AI Program for Innovators' Launched to Foster On-Device AI Innovation in the Asia-Pacific Region
12/27/2024 | Qualcomm Technologies, Inc.Qualcomm Technologies, Inc. announced the launch of the Qualcomm AI Program for Innovators (QAIPI) 2025 - APAC, a new initiative aimed at supporting professional developers and startups from Japan, Singapore, and South Korea to create cutting-edge on-device AI solutions across diverse sectors.