Contract electronics manufacturer Jabil posted strong first-quarter fiscal 2026 results, with net revenue hitting $8.3 billion, a 19% increase year-over-year. Core net income rose 36% to $309 million. CEO Mike Dastoor highlighted growth in the intelligent infrastructure segment and better-than-expected performance in regulated industries and connected living. Jabil expects net revenue of $32.4 billion and core net income of $11.55 per share for fiscal 2026, surpassing analyst estimates. The company’s diverse tech segments and growing demand for intelligent infrastructure position it for continued success.

Read more at Nasdaq: Why Jabil Stock Bumped Higher on a Gloomy Wednesday for the Market