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Stocks J / Jabil Circuit, Inc.
|Subject: Good results reported||Date: 6/21/2007 6:28 PM|
|Author: ultrabrite||Number: 857 of 861|
Jabil Reports Third Quarter Results
Thursday June 21, 4:01 pm ET
Revenue Increases 16 Percent
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Circuit, Inc. (NYSE:JBL - News), today reported results for its third quarter of fiscal 2007, ended May 31, 2007. "We are pleased with the improvements we have made both in operating efficiencies and progress on our balance sheet metrics," said President and C.E.O. Timothy L. Main.
Third Quarter 2007 Operational and Balance Sheet Sequential Highlights
GAAP operating margin decreased eight percent. Core operating margin improved 57 percent.