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Wednesday, September 27, 2006 |
Jabil Circuit (JBL) rose 6% after the electronics-manufacturing services company reported revenue that beat expectations. For the period ended Aug. 31, the company had revenue of $3.0 billion, up from $2.0 billion a year earlier. Analysts expected revenue of $2.84 billion. Jabil didn't report its bottom-line results because the company is continuing to probe its historical stock options practices.
Jabil anticipates first-quarter revenue of $3.1 billion to $3.3 billion. Analysts project revenue of $3.07 billion. Shares were trading up $1.57 to $29.46. |
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