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) is a Cayman Islands–incorporated manufacturing company that provides advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to OEMs of complex products. News about Fabrinet often centers on its role in markets such as optical communications, automotive components, medical devices, industrial lasers, and sensors, reflecting its focus on high-complexity manufacturing.
Investors following Fabrinet news can expect regular earnings announcements and financial results, where the company reports revenue, net income, and both GAAP and non-GAAP performance metrics. These releases are typically accompanied by conference calls and webcasts in which management discusses quarterly and annual performance, business trends, and guidance ranges for upcoming periods.
Fabrinet also issues news related to investor conferences and technology summits, where its management presents at events hosted by firms such as Barclays, J.P. Morgan, and Rosenblatt Securities. These appearances give additional context on the company’s markets, manufacturing capabilities, and strategic priorities.
Corporate governance and leadership developments are another recurring theme in Fabrinet’s news flow. Recent examples include board appointments, such as the addition of directors with extensive manufacturing and technology-sector experience, and leadership transitions, including the retirement of the company’s founder from the board and changes in board chair responsibilities.
From time to time, Fabrinet appears in partner announcements that highlight its role as a manufacturing partner for advanced technology products, such as high-volume production lines for LiDAR units used in autonomous vehicles. Together, these categories of news—financial results, conference participation, governance updates, and partner milestones—provide a detailed picture of Fabrinet’s operational progress and strategic direction.
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Fabrinet (NYSE: FN) announced it will release its third quarter fiscal year 2023 financial results after market close on May 8, 2023. The results will cover the period ended March 31, 2023. A conference call and webcast are scheduled for 5:00 p.m. ET the same day to discuss the results. Fabrinet specializes in advanced optical packaging and precision manufacturing services for complex products, catering to various sectors including telecommunications, automotive, and medical devices. The company maintains facilities in Thailand, the USA, China, and Israel, enhancing its capabilities in high-complexity production.
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.
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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.