Reported 3 days ago
Jabil reported better-than-expected profits and revenues for the first quarter, primarily fueled by heightened demand for data center infrastructure and AI technologies. The company's revenue reached $7 billion, surpassing analyst forecasts of $6.6 billion, while adjusted earnings stood at $2 per share against an expected $1.88. Following this news, Jabil's shares surged by 10% in premarket trading.
Source: YAHOO