Jabil’s Q2 Income Plummets 80%
Published: 24 May 2007
by Staff
ST. PETERSBURG, FL – Jabil Circuit said today its second-quarter earnings dropped 80% because of increased costs and expenses.
For the quarter, Jabil's net income fell to $13.9 million, from $69 million year-over-year. Adjusted earnings were $28.5 million, compared with $78.7 million in the second quarter last year.
Quarterly revenue grew to $2.9 billion from $2.3 billion.
Press Releases
- Inovaxe Appoints Jorge Gonzalez as Mexico Regional Sales Manager to Drive Continued Growth
- Silicon Mountain Unveils New Website to Enhance Customer Experience
- Simbe Announces Partnership with Plexus Corp. to Scale Manufacturing and Meet Global Retail Demand
- Coherix Partners with EMU on "Factory of the Future" Technology Program