Jabil Inc. Stock News

Collaboration Showcased at the 2024 OCP Global Summit to Deliver AMD and Intel-Based Server Platforms for Enhanced Cloud Security SAN JOSE, Calif. and ST. PETERSBURG, Fla.

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) announced today that it is expanding its server portfolio with the J421E-S and J422-S servers, powered by AMD 5th Generation EPYC™ and Intel® Xeon® 6 processors. These servers are purpose-built for scalability in a variety of cloud data center applications, including AI, high-performance computing (HPC), fintech, networking, storage,...

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), a global leader in design, manufacturing, and supply chain solutions, today announced the successful acquisition of Mikros Technologies LLC, a leader in the engineering and manufacturing of liquid cooling solutions for thermal management, completed October 1. As the continued adoption of artificial intelligence, energy storage, and ...

Jabil's Q4 earnings beat expectations: revenue was $400 million above the midpoint of guidance. The stock jumped 11.7% but is still 20% below its all-time high. JBL has successfully diversified away from its legacy low-margin Apple business. Margins are improved and for FY2024 JBL generated more than $1 billion in free cash flow. Despite ongoing challenges in some of its operating segments, the...

Jabil (JBL) shares soared Thursday after the circuit board manufacturer posted better-than-expected results on artificial intelligence (AI) demand, authorized a stock buyback program, and launched a restructuring that includes job cuts.

Jabil Inc. (NYSE:JBL ) Q4 2024 Earnings Conference Call September 26, 2024 8:30 AM ET Company Participants Adam Berry - Senior Vice President, Investor Relations & Communications Greg Hebard - Chief Financial Officer Steve Borges - Head, Regulated Industries Matt Crowley - Head, Intelligent Infrastructure Andy Priestley - Head, Connected Living & Digital Commerce Mike Dastoor - Chief Executive ...

Jabil Inc. to take up to $200 million in restructuring charges for a head-count reduction, with more details to come.

Electronic components maker Jabil on Thursday beat fourth-quarter estimates and announced restructuring plans, including headcount reductions, sending its shares up as much as 10% in premarket trading.