On Tuesday, in the course of current trade, Shares of Jabil Circuit, Inc. (NYSE:JBL), climbed 3.50%, and is now trading at $19.67.
Jabil Circuit, an electronic products solutions company, will declare its fourth quarter and full fiscal year 2015 financials on Thursday, September 24, 2015 after the market close.
The company’s conference call to review the results will be broadcast on Thursday, September 24, 2015, at 4:30 p.m. ET live on the Internet at http://www.jabil.com.
Jabil Circuit, Inc., together with its auxiliaries, provides electronic manufacturing services and solutions worldwide. It offers electronics design, production, and product administration services to companies in the aerospace, automotive, computing, defense, digital home, energy, healthcare, industrial, instrumentation, lifestyles, mobility, mold, networking, packaging, peripherals, storage, telecommunications, and wearable technology industries.
Finally, Catalent, Inc. (NYSE:CTLT), gained 3.82% Tuesday.
Catalent, declared financial results for the fourth quarter and fiscal year 2015, which ended June 30, 2015.
Fourth quarter 2015 revenue of $510.1 million reduced 2% as stated but raised 8% in constant currency from $519.6 million in the fourth quarter a year ago. Fiscal year 2015 revenue was $1.83 billion, with no change as stated and a 7% improvement in constant currency. All three of the Company’s reporting segments posted revenue growth in constant currency for the fourth quarter and fiscal year.
Fourth quarter 2015 net earnings attributable to Catalent were $153.7 million, or $1.22 per diluted share, contrast to $27.2 million, or $0.36 per diluted share, in the fourth quarter a year ago. Fiscal year 2015 net earnings attributable to Catalent were $212.2 million, or $1.75 per diluted share, contrast to $16.2 million, $0.21 per diluted share for the same period a year ago. The improvement in profitability for the quarter and fiscal year was primarily related to the release of a valuation allowance on deferred tax assets of $136.7 million which was recorded as a tax benefit in the fourth quarter together with a reduction in net interest expense due to the Company’s lower levels of outstanding debt contrast to the same periods a year ago as a result of the fiscal year 2015 first quarter initial public offering (IPO).
Catalent, Inc. provides advanced delivery technologies and development solutions for drugs, biologics, and consumer health products worldwide. It operates through three segments: Oral Technologies, Medication Delivery Solutions, and Development & Clinical Services.
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