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Jabil Result 14/12/2017

Jabil has announced Q1 results with net revenue of $5.6B for FY2018. Revenue increases by 1.1% as compared to Q1 FY2017 ($5.1B). Net income was declined drastically from $88M to $63.8M in Q1 FY2017, a decrease of 27%. Possible reason for downfall in net income was due to high stock-based compensation expenses and related charges.