© bdriver dreamstime.com
Electronics Production |
Jabil promised growth on Apple sales
EMS-provider Jabil reported a net loss of USD 26.2 million in fiscal 4Q (ended Aug. 31, 2014) compared with a profit of USD 127 million a year earlier. However, Jabil forecasts a positive first quarter on strong iPhone sales.
EMS-provider Jabil Circuit reported fourth quarter revenue of USD 4.1 billion and fiscal year revenue of USD USD 15.8 billion (both ending August 31, 2014).
"We saw strength from a variety of our end-markets in our fiscal fourth quarter and are pleased with the momentum of the business as we head into Fiscal 2015," said Jabil's Chief Executive Officer, Mark Mondello.
Jabil's reporting segments delivered the following revenue results for the company's fourth fiscal quarter:
- Diversified Manufacturing Services: USD 1.8 billion.
- Enterprise & Infrastructure: USD 1.4 billion.
- High Velocity Systems: USD 0.9 billion.