Jabil raises fiscal 2026 revenue outlook to $32.4B amid 35% AI growth and Hanley Energy acquisition
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Jabil Inc. raised its fiscal 2026 revenue outlook to $32.4 billion, driven by 35% growth in AI-related revenue and the acquisition of Hanley Energy. CEO Michael Dastoor highlighted strong Q1 results and increased guidance for Intelligent Infrastructure. The company expects core operating margins of 5.7% and core EPS of $11.55. Q1 net revenue was $8.3 billion, with a core operating margin of 5.5%. Jabil plans expansion in Mexico, India, and Memphis, and anticipates significant growth in AI storage and healthcare sectors.
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