ST. PETERSBURG, FL –
Jabil Circuit said second-quarter revenue was $2.9 billion, up 27% year-over-year, beating analysts’ forecast of $2.83 billion. However, the company said previously announced restructuring costs would be at the high end of the estimated range of $200 million to $250 million. The top tier EMS firm forecast third-quarter revenue of $2.9 billion to $3 billion.