| Jabil Posts Q2 Revenue Up 4.3% YoY |
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| Written by Chelsey Drysdale | |||
| Wednesday, 20 March 2013 15:26 | |||
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ST. PETERSBURG, FL – Jabil Circuit reported second-quarter 2013 fiscal revenue of $4.4 billion, up 4.3% year-over-year. GAAP net income was $88.5 million, down 9.4% compared to the fiscal second quarter of 2012. GAAP operating income was $149 million, down 0.8% year-over-year. Diversified Manufacturing Services grew 11% during the quarter, while Enterprise & Infrastructure increased 12%. High Velocity declined 15%. “During the quarter we made great progress on the Nypro acquisition,” said Jabil CEO Mark T. Mondello. “We look forward to a successful completion of this deal in our fourth fiscal quarter.”
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