Jabil Posts Q2 Revenue Up 4.3% YoY
Published: 20 March 2013
by Staff
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.”
