Needham & Company Downgrades Jabil Circuit (JBL) to Hold

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Go back to Needham & Company Downgrades Jabil Circuit (JBL) to Hold

Jabil Posts Fourth Quarter & Fiscal Year 2016 Results

September 21, 2016 4:02 PM EDT

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Today Jabil Circuit, Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its fourth quarter and full fiscal year, ended August 31, 2016, including fourth quarter net revenue of $4.4 billion and record fiscal year net revenue of $18.4 billion.

For the fourth quarter of fiscal year 2016, U.S. GAAP (as defined below) operating income was $93.8 million and U.S. GAAP net diluted earnings per share was $0.20. For fiscal year 2016, U.S. GAAP operating income was $522.8 million and U.S. GAAP net diluted earnings per share was $1.32.

For the... More