— Jabil Inc. (NYSE: JBL) reported Q2 2020 earnings of $0.50 per share, vs. $0.64 expected.
— Revenues were $6.1 billion, vs. $6.1 billion expected.
— Diversified Manufacturing Services (DMS) revenues grew 1% year-on-year.
— Electronics Manufacturing Services (EMS) revenues grew 1% year-on-year.
— Expenses directly associated with business interruption caused by COVID-19 were approx. $53 million.
— JBL shares were up 5.6% in premarket hours on Friday.
The market crash triggered by the covid-19 outbreak has added to the troubles of Alcoa Corporation (NYSE: AA), which is already facing multiple challenges including falling aluminum prices, slowing economic
BlackBerry Limited (NYSE: BB) is slated to report its fourth-quarter 2020 earnings results on Tuesday, March 31, after the market closes. The top line will be benefited by BlackBerry Cylance
The coronavirus pandemic continues to plague the world with over 500,000 cases reported globally and over 82,000 cases in the US alone. As the world grapples with the outbreak, several