© cacaroot Electronics Production | March 19, 2015

Jabil's Q2 revenues up by 20% YoY

EMS-provider, Jabil Circuit has just finished its second quarter of the fiscal year of 2015, and the preliminary figures are looking good.

The company reported second quarter net revenue of USD 4.3 billion, a 20 percent increase from the second quarter of fiscal year 2014. "I am extremely pleased with our strong operational performance during the quarter. We're having a great year, as we remain focused on our key priorities. Priorities being growth of earnings, delivering innovative solutions to our customers, taking great care of our employees, and expanding our broad-based capabilities," said Mark T. Mondello, Chief Executive Officer. "We continue to have success in diversifying our business, which I believe will increase our resiliency during this time of ever-increasing change in the markets we serve," he added. U.S. GAAP operating income for the second quarter was USD 124.9 million. Core operating income was USD 166.0 million.
Quarterly ResultsQ2 2015Q2 2014
Net RevenueUSD 4.3 billionUSD 3.6 billion
US GAAP Operating IncomeUSD 124.9 millionUSD3.6 million
US GAAP Net Income (loss)USD 52.0 millionUSD (38.7 million)
Core Operating IncomeUSD 166.0 million60.4 million
Jabil's two reporting segments delivered the following revenue results for the company's second fiscal quarter:
  • Electronics Manufacturing Services: USD 2.6 billion.
  • Diversified Manufacturing Services: USD 1.7 billion.
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