AI English summary of an SEC filing — figures as filed
The company said it recorded net revenue of $6,765 million, U.S. GAAP operating income of $261 million and U.S. GAAP diluted earnings per share of $1.06 for the Q3 of fiscal 2024, which ended on May 31, 2024.
Key points
AI summaryThe company said it recorded net revenue of $6,765 million, U.S. GAAP operating income of $261 million and U.S. GAAP diluted earnings per share of $1.06 for the Q3 of fiscal 2024, which ended on May 31, 2024.
Jabil reported core operating income (Non-GAAP) of $350 million and core diluted earnings per share (Non-GAAP) of $1.89 for Q3, compared with $404 million and $1.99 a year earlier, the company said.
The company set its full-year 2024 outlook for net revenue of $28.5 billion, core diluted EPS of $8.40 and adjusted free cash flow of $1+ billion, and said net revenue for Q4 is expected to be $6.3 billion to $6.9 billion.
The company said it recognized a pre-tax gain of $944 million from the divestiture of its Mobility business over 9 months ended May 31, 2024, and paid $1,824 million to acquire treasury stock in the same period.
Summary
AI-writtenAnalysis 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.
Fiscal 2024 Q3 Results
The company said it recorded net revenue of $6,765 million, U.S. GAAP operating income of $261 million and U.S. GAAP diluted earnings per share of $1.06 for the Q3 of fiscal 2024, which ended on May 31, 2024.
Source · Based on the filing body and exhibits
Q3 Core Metrics
Jabil reported core operating income (Non-GAAP) of $350 million and core diluted earnings per share (Non-GAAP) of $1.89 for Q3, compared with $404 million and $1.99 a year earlier, the company said.
Source · Based on the filing body and exhibits
Full-Year and Q4 Outlook
The company set its full-year 2024 outlook for net revenue of $28.5 billion, core diluted EPS of $8.40 and adjusted free cash flow of $1+ billion, and said net revenue for Q4 is expected to be $6.3 billion to $6.9 billion.
Source · Based on the filing body and exhibits
Mobility Divestiture and Share Repurchases in 9 Months
The company said it recognized a pre-tax gain of $944 million from the divestiture of its Mobility business over 9 months ended May 31, 2024, and paid $1,824 million to acquire treasury stock in the same period.
Source · Based on the filing body and exhibits
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.
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