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.
Fabrinet (NYSE: FN) reported record revenues of $668.7 million for Q2 FY2023, exceeding guidance and up from $566.6 million year-over-year. GAAP net income reached $63.2 million ($1.71 per diluted share) versus $48.9 million ($1.30) in Q2 FY2022. Non-GAAP net income was $70.0 million ($1.90 per diluted share), increasing from $56.2 million ($1.50). The company anticipates Q3 revenue between $640 million to $660 million and GAAP net income per diluted share of $1.59 to $1.66. CEO Seamus Grady highlighted robust execution and improving component availability, despite some tightening.
Fabrinet (NYSE: FN) announced it will release its second quarter fiscal year 2023 financial results for the period ended December 30, 2022, on February 6, 2023, after market close. Following the release, management will conduct a conference call and webcast at 5:00 p.m. ET to review the results. Fabrinet provides optical packaging and manufacturing services for complex products, serving various sectors including telecommunications and medical devices. The recorded version of the webcast will be accessible two hours post-call and archived for one year.
EFFECT Photonics has chosen Fabrinet (NYSE: FN) as its manufacturing partner for integrated optical sub-assemblies. Fabrinet will handle sourcing, procurement, assembly, testing, and calibration, leveraging its expertise in optical and electronic manufacturing. This partnership aims to enhance supply reliability and efficiency for EFFECT Photonics amid rising demand for optical bandwidth due to cloud applications and 5G technology. The collaboration is expected to facilitate high-volume production and meet evolving market needs.
Fabrinet (NYSE: FN) has announced its participation in the 16th Annual Needham Security, Networking, and Communications Virtual Conference, scheduled for November 15, 2022, at 11:45 a.m. ET (8:45 a.m. PT). A live webcast and replay will be available at Fabrinet's investor page.
Fabrinet is recognized for its advanced optical packaging and precision manufacturing services, catering to OEMs of complex products including optical communication components and medical devices.
Fabrinet (NYSE: FN) reported record revenue of $655.4 million for the first quarter of fiscal year 2023, exceeding guidance and up from $543.3 million in the previous year. Net income rose to $64.6 million from $44.7 million, with GAAP net income per share increasing to $1.76. Non-GAAP results showed net income of $72.4 million, yielding a non-GAAP net income per share of $1.97. Looking ahead, the company anticipates second quarter revenue between $640 million and $660 million.
Fabrinet (NYSE: FN) will release its first quarter fiscal year 2023 financial results for the period ending September 30, 2022, after market close on November 7, 2022. A conference call will be held at 5:00 p.m. ET to discuss the results. Fabrinet specializes in advanced optical packaging and precision manufacturing services for complex products, serving various sectors such as optical communications, automotive, and medical devices. Investors can access the recorded conference call on the company's website.
Fabrinet (NYSE: FN) reported a record fourth quarter revenue of $587.9 million and a fiscal year 2022 revenue of $2.26 billion. The GAAP net income for Q4 was $56.2 million, translating to $1.51 per share, exceeding guidance. For the fiscal year, GAAP net income reached $200.4 million, or $5.36 per share, up from $148.3 million in 2021. The company expanded its share repurchase program by $78.7 million, totaling $247.2 million. Guidance for Q1 FY2023 anticipates revenue between $620 million and $640 million.
Fabrinet (NYSE: FN) announced it will release its fourth quarter and fiscal-year 2022 financial results after market close on August 15, 2022. The results will cover the period ending June 24, 2022. Following the release, management will hold a conference call and webcast at 5:00 p.m. ET to discuss the findings. A recorded version of the webcast will be accessible about two hours after the call and archived for one year on the company’s website.
Cepton, a leader in lidar solutions, has partnered with Fabrinet for the production of its Vista-X90 lidar, which is set to support the industry’s largest ADAS lidar series production program. This collaboration leverages Fabrinet's expertise in advanced optical manufacturing, crucial for scaling up production. Cepton aims to make lidar an essential part of consumer vehicles while enhancing its manufacturing capabilities at Fabrinet’s certified facility in Thailand. The Vista-X90 incorporates patented MMT technology for efficient long-range imaging.
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