Jacobs reports fiscal third quarter 2023 earnings

Third quarter revenue up 9% year-over-year; 10% in constant currency1 people and places solutions operating profit up 13% year-over-year operating profit up 1% year-over-year; adjusted operating profit up 10%1  reiterates 100% cash flow conversion target; reiterates fiscal 2023 outlook range advancing plans for separation of critical mission solutions business dallas , aug. 8, 2023 /prnewswire/ -- jacobs solutions inc. (nyse: j) today announced its financial results for the fiscal third quarter ended june 30, 2023. q3 2023 highlights: revenue of $4.2 billion up 9.4% y/y; adjusted net revenue1 increased 7.5% y/y and up 7.9% in constant currency1 backlog1 of $28.9 billion, up 2.9% y/y; gross margin in backlog1 up 7.1% y/y eps of $1.29, down 15.1% y/y; adjusted eps from continuing operations1 of $1.82, down 2.2% y/y.
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