Articles from Jabil Inc.

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.

Jabil Inc. (NYSE: JBL) today announced it is confirming its previously provided third quarter of fiscal year 2024 guidance for net revenue of $6.2 billion to $6.8 billion, U.S. GAAP operating income of $221 million to $301 million, U.S. GAAP diluted earnings per share of $0.82 to $1.38, core operating income of $325 million to $385 million, and core diluted earnings per share of $1.65 to $2.05. A reconciliation of U.S. GAAP to non-GAAP measures can be found on Form-8K filed on March 15, 2024.

Jabil Inc. (NYSE: JBL) today announced the pricing of its offering of $500 million aggregate principal amount of its 4.250% Senior Notes due 2027 (the “Offering”). Jabil anticipates that the closing of the Offering will occur on May 4, 2022, subject to customary closing conditions. Jabil intends to use the net proceeds from the Offering, together with, if required, available cash, to repay its outstanding 4.700% Senior Notes due 2022 and pay any applicable “make-whole” premium and accrued and unpaid interest with respect thereto. In addition, Jabil intends to allocate an amount equal to the net proceeds from this offering to finance or refinance, in whole or in part, one or more eligible expenditures as described in the prospectus supplement relating to the Offering, which include expenditures related to eco-efficient products, waste and water diversion, renewable energy, reducing environmental impact of Jabil’s operations, green buildings and clean transportation.

Jabil Inc. (NYSE: JBL) is pleased to announce that their innovative omnidirectional sensor won the Best of Sensors 2021 award in the Optical & Cameras category. The award highlights cutting-edge advancements and achievements that are moving the sensors industry forward.