Jabil’s Q2 Earnings Up 76% YoY PDF Print E-mail
Written by Chelsey Drysdale   
Tuesday, 20 March 2012 18:31

ST. PETERSBURG, FL – Contract electronics firm Jabil Circuit reported fiscal second-quarter earnings up 76%, according to reports. Profit was $97.7 million.

Net revenue was $4.24 billion, up 7.8% year-over-year, slightly more than last November’s guidance.

The increases are attributed to diversified manufacturing services and one-time charges during the same period last year.

Revenue from the diversified manufacturing segment was up 33%. Growth was experienced across all major business segments, the firm says.

The company forecasts third-quarter revenue of $4.2 billion to $4.4 billion.

 

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