| Business Summary | | Jaco
Electronics,
Inc.
is
a
leading
distributor
of
electronic
components
to
industrial
original
equipment
manufacturers
(OEMs)
and
contract
manufacturers
throughout
North
America.
The
Company
also
provides
contract
manufacturing
services
to
its
industrial
OEM
customers.
The
Company
distributes
products
such
as
semiconductors,
capacitors,
resistors,
electromechanical
devices,
flat
panel
displays
and
monitors
and
power
supplies,
which
are
used
in
the
manufacture
and
assembly
of
electronic
products,
including:
telecommunications
equipment;
medical
devices
and
instrumentation;
military/aerospace
systems;
computers
and
office
equipment;
industrial
equipment
and
controls;
and
automotive
and
consumer
electronics. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | JACO
is
a
distributor
of
electronic
components
and
a
provider
of
contract
manufacturing
and
value-added
services.
JACO
products
include
semiconductors,
capacitors,
resistors,
electro-mechanical
devices
and
computers.
For
the
nine
months
ended
3/31/01,
net
sales
totaled
$278.1
million,
up
from
$138.8
million.
Net
income
totaled
$10.3
million,
up
from
$2.9
million.
Revenues
reflect
strong
demand
for
active
and
passive
components.
Net
income
also
reflects
lower
S/G/A
expenses
as
a
percentage
of
sales. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
72,147;
after
tax
earnings
were
-438. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Joel Girsky, 61 Chairman,
Pres and Treasurer | $1.0M | -- | Joseph Oliveri, 51 Vice
Chairman, Exec. VP | 36K | -- | Charles Girsky, 66 Exec.
VP | 556K | -- | Gary Giordano, 43 Exec.
VP | 200K | $229K | Jeffrey Gash, 47 VP
- Fin. and Sec. | 202K | 234K | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|