Jacobs Solutions Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2023
May 09, 2023 at 06:40 am EDT
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Jacobs Solutions Inc. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was USD 4,078.33 million compared to USD 3,834.06 million a year ago. Net income was USD 216.51 million compared to USD 88.82 million a year ago. Basic earnings per share from continuing operations was USD 1.71 compared to USD 0.69 a year ago. Diluted earnings per share from continuing operations was USD 1.7 compared to USD 0.68 a year ago. Basic earnings per share was USD 1.71 compared to USD 0.69 a year ago. Diluted earnings per share was USD 1.7 compared to USD 0.68 a year ago.
For the six months, sales was USD 7,877 million compared to USD 7,214.68 million a year ago. Net income was USD 352.16 million compared to USD 222.85 million a year ago. Basic earnings per share from continuing operations was USD 2.78 compared to USD 1.72 a year ago. Diluted earnings per share from continuing operations was USD 2.77 compared to USD 1.71 a year ago. Basic earnings per share was USD 2.78 compared to USD 1.72 a year ago. Diluted earnings per share was USD 2.76 compared to USD 1.71 a year ago.
Jacobs Solutions Inc. provides a range of professional services, including consulting, technical, engineering, scientific, and project delivery, for the government and private sectors. Its segments include Critical Mission Solutions (CMS), People & Places Solutions (P&PS), Divergent Solutions (DVS), and PA Consulting (PA). CMS segment provides a range of solutions, such as information and cyber warfare, digital transformation and modernization, national security and defense, space exploration, digital asset management and the green energy transition. P&PS segment provides end-to-end solutions for clients, such as climate change, energy transition, connected mobility, integrated water management, smart cities, and biopharmaceutical manufacturing. DVS segment serves as the core foundation for developing and delivering advanced cloud, cyber, data and digital technologies. PA Consulting segment provides consulting services to sectors such as security, energy, health, transport, and others.