ST. PETERSBURG,FL – Jabil announced revenue of $8.5 billion for the third quarter of its fiscal year, which includes an 8% year-over-year decline in its Electronics Manufacturing Services segment.

"Our business is in good shape and the Jabil team has executed well this year, in what has been a dynamic operating environment," said CEO Kenny Wilson. "Our strong year-to-date performance is a testament to Jabil’s strengths, specifically our diversified end-market portfolio and worldwide connected factory network, which enables us to offer unique engineering, manufacturing, and supply chain solutions to our customers across the globe."

For the company's fourth quarter, Jabil projects revenue of $8.2 billion to $8.8 billion.

"I feel strongly that our solid execution will continue, as the team carries positive momentum into the final quarter of FY23," Wilson said. "For the fiscal year, we now believe the team will deliver $8.50 in core earnings per share on $34.7 billion in revenue."

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