Welcome to our dedicated page for Fabrinet news (Ticker: FN), a resource for investors and traders seeking the latest updates and insights on Fabrinet stock.
Fabrinet (NYSE: FN) delivers advanced optical packaging and precision manufacturing solutions for global technology leaders. This news hub provides investors and industry professionals with timely updates on operational developments, strategic partnerships, and market positioning in critical sectors including telecommunications, medical devices, and automotive systems.
Access Fabrinet's official press releases alongside curated analysis of financial results, product launches, and manufacturing innovations. Our repository tracks key developments in electro-mechanical engineering breakthroughs, supply chain milestones, and quality certifications that impact the company's competitive standing.
Key coverage areas:
• Quarterly earnings and financial guidance
• New product development announcements
• Strategic OEM partnerships
• Manufacturing capacity expansions
• Industry recognition and awards
For stakeholders monitoring Fabrinet's role in enabling next-generation technologies, this page serves as a comprehensive resource for tracking both immediate updates and long-term strategic direction. Bookmark this page or check regularly for verified information directly from company filings and authorized communications.
Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive LiDAR sensors, has achieved a significant milestone by shipping its first InnovizTwo LiDAR units from Fabrinet's high-volume production line.
The production launch follows extensive collaboration and training to ensure compliance with Innoviz's quality standards. Fabrinet (NYSE: FN), Innoviz's chosen manufacturing partner, provides a global manufacturing footprint across the US and Asia, enabling efficient and cost-effective scaling of production to meet growing autonomous vehicle industry demands.
Fabrinet (NYSE: FN), a provider of advanced optical packaging and precision manufacturing services, has announced its participation in the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference in Boston. The company's management will deliver a presentation on Thursday, May 15, 2025, at 10:00 a.m. EDT. Investors and interested parties can access both the live webcast and replay of the presentation through Fabrinet's investor relations website at https://investor.fabrinet.com/.
Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive LiDAR sensors, has expanded its Non-Recurring Engineering (NRE) payment plan with key customers. The plan's total value has increased to approximately $95 million from $80 million, with payments expected between 2025 and 2027.
The expanded NRE payments, which are additional to regular product revenue, stem from development activities Innoviz performs for existing customers. The company has also partnered with Fabrinet (NYSE: FN) to launch mass production of the InnovizTwo LiDAR platform, preparing for multiple project Start of Production (SOP) dates in 2026.
Fabrinet (NYSE: FN) reported strong financial results for Q3 FY2025, with revenue reaching $871.8 million, surpassing their guidance and showing significant growth from $731.5 million in Q3 FY2024. The company's telecom segment demonstrated robust growth, offsetting an expected sequential decline in datacom revenue.
GAAP net income reached $81.3 million ($2.25 per diluted share), compared to $80.9 million ($2.21 per diluted share) year-over-year. Non-GAAP net income was $91.2 million ($2.52 per diluted share), up from $87.7 million ($2.39 per diluted share). For Q4 FY2025, Fabrinet projects revenue between $860-900 million and non-GAAP EPS of $2.55-2.70.
Innoviz Technologies (NASDAQ: INVZ) has announced a strategic partnership with Fabrinet (NYSE: FN) for manufacturing the InnovizTwo LiDAR platform. The partnership covers both InnovizTwo Long-Range and Short- to Mid-Range LiDAR solutions.
Fabrinet's facility has successfully passed rigorous audits by several global leading automotive OEMs under the German automotive VDA 6.3 standard. The collaboration aims to enable Innoviz to scale production efficiently and cost-effectively while maintaining automotive-grade standards.
Under the agreement, Fabrinet will provide end-to-end manufacturing services, leveraging their global manufacturing footprint across the United States and Asia. This partnership allows Innoviz to focus on designing cutting-edge LiDAR technology while benefiting from Fabrinet's manufacturing expertise to deliver high-performance products in volume at competitive price points.
Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision manufacturing services, has scheduled its third quarter fiscal year 2025 financial results announcement for May 5, 2025, after market close. The quarter ended on March 28, 2025. Management will host a conference call and webcast at 5:00 p.m. EDT to discuss the company's performance.
The webcast will be accessible through Fabrinet's investor relations website, with a recorded version available approximately two hours after the call. The recording will remain archived on the company's website for one year.
Fabrinet (NYSE: FN) has released its 2024 Corporate Responsibility Report, highlighting the company's sustainability and operational achievements for the fiscal year ended June 28, 2024. The report showcases initiatives across multiple areas including environmental stewardship, talent development, and business resilience.
Key accomplishments include the implementation of 206 lean manufacturing projects for improved sustainability and cost reduction, expansion of the Temporary Technician Academy with a 100% hiring rate for graduates, and the launch of employee development programs like 'English for Work' with over 60 participants. The company, which employs more than 14,000 people, strengthened its cybersecurity protocols and obtained ISO 22301 certification for business continuity.
Environmental initiatives included expanded waste recycling donations to local NGOs, while community engagement efforts continued through partnerships with organizations like Maharaj Home for Boys and the Prosthesis Foundation. The company's efforts were recognized with Thailand's CSR-DIW Continuous Award and Labor Management Excellence Award.
Fabrinet (NYSE: FN) reported strong Q2 FY2025 financial results, exceeding guidance for both revenue and earnings. Revenue reached $833.6 million, up from $712.7 million in Q2 FY2024. GAAP net income rose to $86.6 million ($2.38 per diluted share), compared to $69.1 million ($1.89 per diluted share) year-over-year.
The company experienced robust telecom performance, driven by increasing demand for datacenter interconnect products and early progress from recent systems wins. While datacom demand slightly moderated near-term, management expects more rapid growth as next-generation products ramp production.
The Board approved an additional $100 million share repurchase authorization, bringing the total program to $534.3 million. For Q3 FY2025, Fabrinet projects revenue between $850-870 million and non-GAAP EPS of $2.55-$2.63.
Fabrinet (NYSE: FN), a provider of advanced optical packaging and precision manufacturing services, has scheduled the release of its second quarter fiscal year 2025 financial results for Monday, February 3, 2025, after market close. The quarter ended on December 27, 2024. Management will host a conference call and webcast at 5:00 p.m. EST on the same day to discuss the results. The webcast will be accessible through Fabrinet's investor relations website and will remain archived for one year.
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