The company said revenue for fiscal 2024 Q1 (ended December 29, 2023) rose to $4.2 billion, up 9.5% year over year, and that adjusted net revenue increased 7.0% and rose 5.4% in constant currency.

1. 01

   The company said revenue for fiscal 2024 Q1 (ended December 29, 2023) rose to $4.2 billion, up 9.5% year over year, and that adjusted net revenue increased 7.0% and rose 5.4% in constant currency.

2. 02

   The company said diluted earnings per share from continuing operations for Q1 were $1.37, up from $1.07 a year earlier, and adjusted EPS was $2.02, up 28% from $1.57 a year earlier, including a non-cash deferred tax benefit of $0.49 per share.

3. 03

   Jacobs said it generated operating cash flow of $418 million and free cash flow of $401 million in Q1, repurchased $100 million of shares, and raised its quarterly dividend by 11.5%.

4. 04

   The company reaffirmed its fiscal 2024 adjusted EBITDA outlook of $1,530M to $1,600M and adjusted EPS outlook of $7.70 to $8.20, and said it expects the separation transaction with Amentum to close in the second half of fiscal 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.