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Jabil Tops Q3 Estimates, CEO Highlights Strategic Growth in AI Datacenters and EV Markets

Jabil Inc (NYSE: JBL) reported third-quarter fiscal 2024 revenue of $6.77 billion, down by 20.2% year-on-year, beating the analyst consensus estimate of $6.53 billion.  The print manufacturing company’s adjusted EPS of $1.89 beat the analyst consensus of $1.85. Segments: Diversified Manufacturing Services (DMS) revenue declined by 23% Y/Y, and Electronics Manufacturing Services (EMS) revenue fell by 18% Y/Y. The company held $2.46 billion in cash and ...