AIYahoo Financeabout 4 hours ago
Jabil Stock Could Skyrocket After June Earnings
1 min read
Jabil, an AI infrastructure company, reports fiscal Q3 earnings on June 17. Revenue grew 23% year-over-year to $8.3 billion in fiscal Q2, with earnings per share up 38% to $2.69. The company guided $8.5 billion revenue and $3.03 EPS for Q3, but demand for AI servers and racks exceeds supply.
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