By Connor Hart

Jabil raised its full-year outlook after logging higher profit and a jump in revenue in its fiscal second quarter, boosted by strong demand across its intelligent infrastructure business.

The company now expects adjusted earnings of $12.25 a share on revenue of about $34 billion for the year, up from a prior view for adjusted earnings of $11.55 a share on revenue of roughly $32.4 billion.

Analysts polled by FactSet are looking for adjusted earnings of $11.63 a share on revenue of $32.55 billion.

For its three months ended Feb. 28, Jabil posted a profit of $223 million, or $2.08 a share, up from $117 million, or $1.06 a share, a year earlier.

Stripping out one-time items, adjusted earnings were $2.69 a share, ahead of analyst expectations for $2.51 a share.

Revenue jumped 23% to $8.28 billion, topping Wall Street models for $7.78 billion.

Chief Executive Mike Dastoor said better-than-expected results in the recent quarter were driven by continued momentum in Jabil's intelligent infrastructure business, where demand remains robust across cloud- and data-center infrastructure, networking and communications, and capital equipment.

For the current quarter, Jabil guided for adjusted earnings of $2.83 to $3.23 a share, compared with analyst views for $2.89 a share. Revenue is projected to come in between $8.1 billion and $8.9 billion, topping Wall Street models for $8.03 billion.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 18, 2026 07:58 ET (11:58 GMT)

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