Jabil Reports First Quarter 2024 Net Revenue of $8.4 Billion

Jabil's net revenue in the first quarter of fiscal year 2024 reached $8.4 billion, operating profit was $499 million, and diluted earnings per share were $2.60. Despite the challenge of weak demand, core profit and core earnings per share still achieved year-on-year growth. Net revenue in the second quarter is expected to be between $7 billion and $7.6 billion, operating profit is expected to be between $339 million and $399 million, and diluted earnings per share are expected to be between $1.73 and $2.13.