Jacobs Solutions Inc. has announced its financial results for the first quarter. The company reported a net loss of $18.13 million, compared to a profit of $171.61 million during the same timeframe last year. This translates to a loss per share (EPS) of $0.11, contrasting with an EPS of $1.37 in the previous year's first quarter. However, after adjustments for specific items, Jacobs Solutions recorded earnings of $165.83 million, which equals $1.33 per share for the period.
Revenue for the quarter amounted to $2.932 billion, an increase from $2.810 billion reported in the comparable quarter the previous year.
**Outlook:** For the full year, Jacobs Solutions Inc. has provided EPS guidance in the range of $5.85 to $6.20.
