Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It provides electronics design, production, and product management services. The company offers electronic circuit design services, including application-specific integrated circuit design, firmware development, and rapid prototyping services, as well as designs the look and feel of the plastic and metal enclosures that comprise the electro-mechanics, such as the printed circuit board assemblies (PCBA). It also specializes in three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as the provision of various industrial design, advance mechanism development, and tooling management services. In addition, the company offers computer-assisted design services consisting of PCBA design, and PCBA design validation and verification services, as well as other consulting services, which include the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it provides product and process validation services that comprise product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company offers systems assembly, test, direct-order fulfillment, and configure-to-order services. It provides its services to companies in the automotive, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, emerging growth, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale, and printing industries. The company was founded in 1966 and is headquartered in St. Petersburg, Florida.
+10% pop premarket CNBC - Jabil Circuit — The electronics manufacturer came in five cents above estimates with adjusted quarterly profit of 69 cents per share, with revenue also beating forecasts. It did particularly well in its diversified manufacturing services business, which includes Apple among its customers.
I used to work in the same area as one of the jabil buildings (they are always having parties on Friday... :/) Decent morning though. Bought in on this about 2m after market open, closed out little over an hour later. Same with HZNP. So glad I decided to make coffee instead of staying in bed today!
Here we go, this is a nice rebound from the horrible sell off we saw sector wide. Look for the movers like JBL, not everything will sell off and stay down, money will flow into the promising stocks.
