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Jabil Posts Second Quarter Results

Today, Jabil Inc. (NYSE:JBL), reported preliminary, unaudited financial
results for its second quarter of fiscal year 2019.


"Ia??m extremely pleased with our outstanding second quarter results,
which further demonstrate the success of our diversification strategy,a??
said CEO Mark Mondello. "Quite simply, our approach is working, both in
terms of our strategy and operational excellence. This is
well-illustrated by our performance in the first half of the fiscal
year,a?? he added.


Second Quarter of Fiscal Year 2019 Highlights:





Net revenue: $6.1 billion






Diversified Manufacturing Services (DMS) year-on-year revenue
decrease: 7 percent






Electronics Manufacturing Services (EMS) year-on-year revenue growth:
33 percent






U.S. GAAP operating income: $154.0 million






U.S. GAAP diluted earnings per share: $0.43






Core operating income (Non-GAAP): $191.1 million






Core diluted earnings per share (Non-GAAP): $0.64





Healthcare Business Update:


During the second fiscal quarter, Jabil successfully transitioned the
first two sites from Johnson & Johnson Medical Devices Companies (JJMDC)
as part of the previously announced strategic collaboration between the
companies.
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