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Electronics Production | December 27, 2010

Jabil: Top10 customers bring 59% of revenue

Florida-based EMS-provider Jabil has reported net revenue for the first quarter of USD 4.1 billion, an increase of 32% on a year-over-year basis. 59% of revenue came from the company's Top10 customers.
The Diversified Manufacturing Services segment (Healthcare & Instrumentation, Industrial & Clean Tech, Specialized Services) grew by 11% sequentially, on a yearly basis growth of 47%. Revenues of approximately USD 1.4 billion, representing 34% of the EMS-providers total revenue in the first quarter.

The Enterprise & Infrastructure segment declined by 8% sequentially. Revenue was approximately USD 1.2 billion, representing 28% of total company revenue in the quarter.

The High Velocity segment grew by 14% sequentially. On a yearly basis, this segment grew by 24%. Revenue was approximately USD 1.5 billion representing 38% of total company revenue in the quarter.

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