"We continue to make great progress as we further diversify our business, and our fiscal third quarter is another good indication that we're executing against our growth strategy. During the quarter, our Electronics Manufacturing Services segment delivered strong operating performance, while our Diversified Manufacturing Services segment increased revenue by 41 percent year over year," said Mark T. Mondello, Chief Executive Officer. "I'm pleased with our performance year to date and I believe we're well-positioned and poised to capture further growth in fiscal 2016," he added.
U.S. generally accepted accounting principles (U.S. GAAP) operating income for the third quarter was $135.4 million and U.S. GAAP net diluted earnings per share was $0.37. Core operating income (as defined below) was $160.5 million and core diluted earnings per share (as defined below) was $0.49.
Jabil's two reporting segments delivered the following revenue results for the company's third fiscal quarter:
Electronics Manufacturing Services: $2.8 billion.
Diversified Manufacturing Services: $1.6 billion.
Business Update
"We're on track to deliver approximately 13 percent revenue growth and $2.00 in core earnings per share for this fiscal year, all while continuing to invest for future growth - quite an accomplishment when one considers the current macro environment," Mondello said. Management updated its fiscal year 2015 revenue outlook of $17.7 billion - $17.9 billion and core earnings per share of $1.95 - $2.05.
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