AI English summary of an SEC filing — figures as filed
The company said net revenue for the 3 months ended November 30, 2024 was $6,994 million, lower than $8,387 million a year earlier, and U.S. GAAP operating income fell to $197 million from $303 million.
Key points
AI summaryThe company said net revenue for the 3 months ended November 30, 2024 was $6,994 million, lower than $8,387 million a year earlier, and U.S. GAAP operating income fell to $197 million from $303 million.
The company said core operating income (Non-GAAP) was $347 million and core diluted earnings per share was $2.00. It said total adjustments to U.S. GAAP operating income were $150 million, of which restructuring, severance and related charges were $83 million.
Jabil said net cash provided by operating activities was $312 million and adjusted free cash flow (Non-GAAP) was $226 million for the 3 months ended November 30, 2024. The company also said it paid $232 million to repurchase treasury stock and $10 million in dividends.
For fiscal 2025, the company outlined net revenue of $27.3 billion, core operating margin of 5.4%, core diluted earnings per share of $8.75 and adjusted free cash flow of $1.2 billion. For Q2, it expects net revenue of $6.1 billion to $6.7 billion.
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.
Quarterly Revenue and Operating Income Decline
The company said net revenue for the 3 months ended November 30, 2024 was $6,994 million, lower than $8,387 million a year earlier, and U.S. GAAP operating income fell to $197 million from $303 million.
Source · Based on the filing body and exhibits
Core Metrics and Adjustments
The company said core operating income (Non-GAAP) was $347 million and core diluted earnings per share was $2.00. It said total adjustments to U.S. GAAP operating income were $150 million, of which restructuring, severance and related charges were $83 million.
Source · Based on the filing body and exhibits
Cash Flow and Share Repurchases
Jabil said net cash provided by operating activities was $312 million and adjusted free cash flow (Non-GAAP) was $226 million for the 3 months ended November 30, 2024. The company also said it paid $232 million to repurchase treasury stock and $10 million in dividends.
Source · Based on the filing body and exhibits
The Company's Fiscal 2025 Outlook
For fiscal 2025, the company outlined net revenue of $27.3 billion, core operating margin of 5.4%, core diluted earnings per share of $8.75 and adjusted free cash flow of $1.2 billion. For Q2, it expects net revenue of $6.1 billion to $6.7 billion.
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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