| Jabil Says Q1 Sales Up 34% YOY |
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| Written by Mike Buetow | |||
| Thursday, 21 December 2006 07:03 | |||
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ST. PETERSBURG, FL -- Jabil Circuit's fiscal first-quarter revenue
rose 34% year-over-year to $3.2 billion, topping analysts' estimates of $3.17 billion. The EMS firm guided for February quarter to grow about 20% year-over-year, reaching $2.75 billion to $2.85 billion. The company also said that it will take cash charges of $150 million to $200 million over the next two fiscal years for a previously announced restructuring of manufacturing capacity.
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