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Electronics Production | December 21, 2006

Jabil revenue rose 34%

US based EMS-provider Jabil Circuit Inc. said Wednesday its fiscal first-quarter revenue rose 34 percent from a year ago to 3.2 billion US Dollar.

Jabil also said it expected revenue for its second quarter to be between $2.75 and $2.85 billion, with revenue growth for fiscal 2007 coming in at about 20 percent over the previous year. Jabil said that it will record cash costs of $150 million to $200 million over the next two fiscal years for a previously announced realignment of manufacturing capacity. Click here to read the full News Release (jabil.com).
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