June 20 (Reuters) - Electronic components maker Jabil

Inc ( JBL ) on Thursday posted better-than-expected quarterly

results, indicating recovery in demand in its 5G, AI datacenter

markets after a sluggish period.

Jabil ( JBL ) has benefited from the surge in artificial

intelligence technologies, with companies scrambling to invest

in AI infrastructure.

The company reiterated its outlook for the full year.

Earlier this year, Jabil ( JBL ) had divested its mobility business and

faced challenges in multiple end-markets.

"Despite these moving pieces, we remain on track to deliver

5.6% in core margins and $8.40 of core diluted EPS in FY24,"

Jabil ( JBL ) CEO Mike Dastoor said in a statement.

The St. Petersburg, Florida-based company reported quarterly

revenue of $6.77 billion for the third quarter ended May 31,

beating analysts average estimates of $6.52 billion.

It earned $1.89 per share for the reported quarter, above

estimates of a profit of $1.85 per share.