Jabil projects hitting $32.8B in revenue this fiscal year
June 18, 2022 - After St. Petersburg-based tech giant Jabil Inc. (NYSE: JBL) released its third-quarter results, the company said it foresees earning $32.8 billion in revenue this fiscal year. “As we look ahead, we see solid demand in key areas of our business,” Chairman and CEO Mark Mondello said in a press release. “Given this ongoing momentum, we now expect FY22 [the fiscal year 2022] revenue to be in the neighborhood of $32.8 billion and core EPS [earnings per share] to be $7.45." In the third quarter, Jabil's net revenue was $8.3 billion. In the fourth quarter, the company projects its net revenue will be between $8.1 billion to $8.7 billion.