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ST. PETERSBURG, FL – Jabil said the coronavirus epidemic will affect its second quarter earnings.

Jabil’s factories are running at 65%-70% capacity, and the firm estimates revenue of $6.33 billion in the second quarter.

The outbreak has resulted in more than 2,600 deaths in mainland China, according to reports, causing companies to downgrade profit forecasts as a result of disruptions in the global supply chain.

 

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