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Jabil Q3 net revenue $5.4 billion

Staff Writer | June 14, 2018
Jabil reported preliminary, unaudited financial results for its third quarter of fiscal year 2018.
Jabil   DMS segment grew by 36 percent
“Our team achieved a strong third quarter characterized by solid revenue growth and core margin expansion, year-on-year, while navigating a challenging components market,” said CEO Mark Mondello.

“Our DMS segment grew by 36 percent, well-ahead of expectations, and posted meaningful income growth on a yearly basis.

“Similarly, our EMS segment grew both revenue and earnings by double-digits during the quarter. Most importantly, these results reflect one of our most diversified earnings performances in recent memory giving us confidence in both our enterprise-level strategy and outlook,” he added.

Third quarter of fiscal year 2018 highlights:

Net revenue: $5.4 billion
Diversified Manufacturing Services (DMS) Year-on-year revenue growth: 36 percent
Electronics Manufacturing Services (EMS) Year-on-year revenue growth: 12 percent
U.S. GAAP operating income: $113.0 million
U.S. GAAP diluted earnings per share: $0.25
Core operating income (Non-GAAP): $150.1 million
Core diluted earnings per share (Non-GAAP): $0.46.