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Jacobs Reports Fiscal Third Quarter Earnings
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Jacobs Engineering : Reports Fiscal Third Quarter Earnings (Form 8-K)
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Jacobs Engineering Group Inc (J) Q2 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Jacobs Engineering Group Inc (NYSE: J)
Q2 2021 Earnings Call
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Jacobs Fiscal Second Quarter 2021 Earnings Conference Call and Webcast [Operator Instructions]
I would now like to turn the call over to Jonathan Doros, Investor Relations. Thank you. Please go ahead.SPONSORED:
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Dive Brief:
Jacobs Engineering Group announced on Monday its second-quarter 2021 financial results and reported $3.5 billion of revenue, up 3.5% from the $3.4 billion the company reported for the same period in 2020.
The company s People & Places Solutions segment saw second-quarter gross revenue decline year over year from $2.2 billion to $2.1 billion but net revenue increase by 1.4% from $1.5 billion to $1.6 billion. P&PS backlog increased from $14.2 billion at the end of the second quarter last year to $15.5 billion this year. During Jacobs earnings call with analysts, Kevin Berryman, president and CFO, said its pipeline is benefiting from life sciences and electronics customers moving forward with projects that had been placed on hold.
Jacobs Reports Fiscal Second Quarter Earnings
Reports Strong Q2 Results and Raises Full-Year Fiscal 2021 Outlook
ESG-Related Growth Opportunities Accelerating Across All Lines of Business
Generated Over $1.1 Billion in Cash Flow from Operations Over Last Four Quarters
PA Consulting Q2 Revenue Up 28% Year-Over-Year; Increasing FY21 Adj. EPS Expected Accretion
Expects Robust FY22 Growth Driven by National Security Priorities and Global Infrastructure Modernization
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DALLAS, May 10, 2021 /PRNewswire/ Jacobs Engineering Group Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended April 2, 2021.
Q2 2021 Highlights:
1 grew 3.5% year-over-year and net revenue up 6.7% year-over-year
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