Jacobs reports fiscal second quarter earnings

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: revenue of $3.5 billion 1 grew 3.5% year-over-year and net revenue up 6.7% year-over-year eps from continuing operations of $0.00; reflects portion of pa investment treated as compensation per gaap2 adjusted eps from continuing operations of $1.66, up 19% year-over-year, including 9 cents accretion from pa backlog increased $2.3 billion to $25.6 billion, up 10% year-over-year strong cash flow from operations and free cash flow of $238m and $209m, respectively increases fiscal 2021 adjusted ebitda and adjusted eps outlook3 jacobs' chair and ceo steve demetriou commented, "our strategic portfolio actions and disciplined execution are delivering continued strong financial results despite headwinds from the pandemic.
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