Jabil announced its FY17 Q3 results with net sales of $4.5 billion and GAAP net loss of $25.0 million. The net sales increased by 4% on a yearly basis while the net profit of $5.0 million from an year ago was converted into a net loss in the current quarter.
Electronics Manufacturing accounted for 63% of the net sales with Diversified Manufacturing taking up the remaining 37%. The company has issued guidance for FY17 Q4 net sales in the range of $4.7-5.1 billion.
