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JABIL Jabil Posts Second Quarter Results ; Raises Outlook for Fiscal Year March 16 , 2021 Strong Secular Trends Driving Business to New Heights ST . PETERSBURG , Fla .-- ( BUSINESS WIRE ) -- Mar . 16 , 2021-- Today , Jabil Inc. ( NYSE : JBL ) , reported preliminary , unaudited financial results for its second quarter of fiscal year 2021 . " Our second quarter performance was outstanding , " said CEO Mark Mondello . " The combination of broad end - market strength , more favorable product mix , and excellent operational execution by the team allowed us to deliver $ 285 million in core operating income on revenue of $ 6.8 billion , " he added . Second Quarter of Fiscal Year 2021 Highlights : • Net revenue : $ 6.8 billion • Diversified Manufacturing Services ( DMS ) year - on - year revenue growth : 26 percent • Electronics Manufacturing Services ( EMS ) year - on - year revenue decrease : 1 percent • U.S. GAAP operating income : $ 236.4 million • U.S. GAAP diluted earnings per share : $ 0.99 • Core operating income ( Non - GAAP ) : $ 284.6 million • Core diluted earnings per share ( Non - GAAP ) : $ 1.27 Third Quarter of Fiscal Year 2021 Outlook : • Net revenue • U.S. GAAP operating income $ 6.6 billion to $ 7.2 billion $ 188 million to $ 238 million • U.S. GAAP diluted earnings per share $ 0.69 to $ 0.89 per diluted share • Core operating income ( Non - GAAP ) ( 1 ) $ 220 million to $ 270 million • Core diluted earnings per share ( Non - GAAP ) ( 1 ) $ 0.90 to $ 1.10 per diluted share • Total company revenue Increase 9 percent year - on - year Fiscal Year 2021 Updated Outlook : " I'm extremely confident in our plan moving forward , which is supported by both strong secular tailwinds and accelerated momentum in many of the end - markets we serve . As a result , we are raising our financial outlook for the balance of the year . We now expect FY21 to deliver revenue in the range of $ 28.5 billion and core EPS of approximately $ 5 , " added Mondello . ( 1 ) Core operating income and core diluted earnings per share exclude anticipated adjustments of $ 12.0 million for amortization of intangibles ( or $ 0.08 per diluted share ) , $ 17.0 million for stock - based compensation expense and related charges ( or $ 0.11 per diluted share ) and $ 3.0 million for restructuring , severance and related charges ( or $ 0.02 per diluted share ) . ( Definitions : " U.S. GAAP " means U.S. generally accepted accounting principles . Jabil defines core operating income as U.S. GAAP operating income less amortization of intangibles , stock - based compensation expense and related charges , restructuring , severance and related charges , distressed customer charges , acquisition and integration charges , loss on disposal of subsidiaries , settlement of receivables and related charges , impairment of notes receivable and related charges , goodwill impairment charges and business interruption and impairment charges , net plus other components of net periodic benefit cost . Jabil defines core earnings as U.S. GAAP net income before amortization of intangibles , stock - based compensation expense and related charges , restructuring , severance and related charges , distressed customer charges , acquisition and integration charges , loss on disposal of subsidiaries , settlement of receivables and related charges , impairment of notes receivable and related charges , goodwill impairment charges ,