RBC Capital Raised PT on Jabil Circuit (JBL) to $26 Following 1Q
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Jabil Posts Outstanding First Quarter
December 16, 2015 4:02 PM ESTBroad-Based Growth and Exceptional Execution Drive Record Results
ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Today Jabil Circuit, Inc. (NYSE: JBL) reported preliminary, unaudited financial results for its first quarter of fiscal year 2016. The company reported first quarter net revenue of $5.2 billion, a 14 percent increase from the first quarter of fiscal year 2015.
I am extremely pleased with our strong first quarter results which were driven by improved product diversification and exceptional productivity across both of our business segments, said Mark T. Mondello, Chief Executive Officer. This record quarter... More
