ST. PETERSBURG, FL -- Jabil Circuit on Thursday night reported a 90% drop in net profits despite a 15% gain in quarterly revenue. In its third quarter ended May 31, the EMS firm reported net income of $6.2 million, down from $64.2 million last year, on sales of $3 billion.
SAN JOSE, CA – North American manufacturers of semiconductor equipment posted $1.67 billion in orders in May (three-month average) and a book-to-bill ratio of 1.0, according to SEMI.