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Jabil unveils plans to cut jobs
Jabil unveils plans to cut jobs as it beats earnings forecast, shares rise
Jabil Inc (NYSE:JBL) shares rose in premarket trading on Thursday after the electronic components' maker reported better-than-expected fourth quarter results, and unveiled plans for job cuts. It also announced a $1 billion buyback authorization.
Jabil’s stock rises on restructuring plan, earnings beat
Jabil Inc. to take up to $200 million in restructuring charges for a head-count reduction, with more details to come.
Jabil's Q4: Earnings Beat, $1B Buyback, FY25 Guidance And More
Jabil Inc reported Q4 revenue of $6.96B, beating analyst estimates. Adjusted EPS of $2.30 also exceeded expectations. DMS and EMS segments declined. CEO confident in long-term growth. $1B stock buyback authorized.
Jabil Guides Fiscal 2025 Earnings Increase Following Fourth-Quarter Beat
Shares of Jabil (JBL) were soaring intraday Thursday after the company forecast an annual increase in fiscal 2025 earnings after reporting higher-than-expected fourth-quarter results. The manufacturing solutions provider expects adjusted earnings per share of $8.
Zacks.com on MSN
1d
Will Jabil Stock Gain From the Buyout of Mikros Technologies?
Jabil, Inc. JBL recently closed the acquisition of Mikros Technologies LLC, a leading manufacturer of liquid cooling ...
Business Observer
2d
St. Petersburg's Jabil buys New Hampshire manufacturer
St. Petersburg technology giant Jabil has bought Mikros Technologies, a New Hampshire company that makes “liquid cooling ...
insideHPC
2d
Jabil Acquires Liquid Cooling Company Mikros Technologies
Jabil Inc. (NYSE: JBL) today announced the acquisition of Mikros Technologies LLC, an engineering and manufacturing company ...
bovnews
2d
How Does Jabil Inc (JBL) Stack Up Against Its Industry Peers?
On Wednesday, Jabil Inc (JBL) stock saw a decline, ending the day at $118.97 which represents a decrease of $-0.19 or -0.16% from the prior close of $119.16. The stock opened at $118.61 and touched a ...
2d
Jabil Acquires Mikros Technologies to Support Demand for Liquid Cooling in AI Data Centers
Jabil Inc. (NYSE: JBL), a global leader in design, manufacturing, and supply chain solutions, today announced the successful ...
6d
Jabil’s Positive Outlook: Strong Financials and Strategic Restructuring Fuel Buy Rating
Goldman Sachs analyst Mark Delaney has maintained their bullish stance on JBL stock, giving a Buy rating on September 27. Mark Delaney’s ...
9d
Circuit Board Maker Jabil Stock Soars on Strong Results, Buyback
Jabil beat fourth-quarter profit and sales estimates on the soaring demand for artificial intelligence infrastructure products.
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