Jabil Corp. 4Q Oper Net 35c A Diluted
Share Vs Net 47c
Dow Jones Newswires
Jabil Circuit Inc. - St. Petersburg, Fla.
4th Quar Aug. 31:
1998 1997
Revenues $317,575,000 $305,208,000
Net income a (1,790,000) 18,038,000
Avg shrs (basic) 37,233,000 36,844,000
Avg shrs (diluted) 38,447,000 38,760,000
Shr earns (basic)
Net income a (.05) .49
Shr earns (diluted)
Net income a (.05) .47
Year:
Revenues 1,277,374,000 978,102,000
Net income a 54,701,000 52,497,000
Avg shrs (basic) 37,125,000 36,299,000
Avg shrs (diluted) 38,575,000 38,340,000
Shr earns (basic)
Net income a 1.47 1.45
Shr earns (diluted)
Net income a 1.42 1.37
Figures in parentheses are losses.
a. Includes charges of $24.4 million for the acquisition of
Hewlett-Packard Co.'s (HWP) LaserJet manufacturing operations,
relating mainly to write-offs of in-process research and
development and workforce-related expenses. Excluding the
charges, the company earned $13.4 million, or 36 cents a basic
share and 35 cents a diluted share, for the latest quarter, and $69.8
million, or $1.88 a basic share and $1.81 a diluted share, for the
latest year.
Jabil Circuit Inc. (JBL) is an electronic maker of circuit board
assemblies for original equipment manufacturers in the data
communications, personal computer, computer peripheral and
automotive markets.
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