Fabrinet Stock Price, News & Analysis

Fabrinet (NYSE: FN) reported strong financial results for Q4 and the fiscal year 2021, exceeding guidance with Q4 revenue of $509.6 million, up from $405.1 million year-over-year. GAAP net income for Q4 rose to $42.4 million, or $1.13 per diluted share, compared to $28.0 million, or $0.75 per share, in the previous year. Fiscal year revenue reached $1,879.4 million, up from $1,641.8 million, with GAAP net income of $148.3 million, or $3.95 per diluted share. The company anticipates Q1 FY2022 revenue of $510 million to $530 million and is optimistic about ongoing demand trends.

Fabrinet (NYSE: FN) will release its Q4 and fiscal-year 2021 financial results on August 16, 2021, after market close. A conference call and webcast will be held at 5:00 p.m. ET to discuss the results. Fabrinet, known for advanced optical packaging and manufacturing services, operates in various countries, including Thailand and the USA. Their expertise includes optical communication, automotive components, medical devices, and industrial lasers.

Fabrinet (NYSE: FN) announced its participation in the Stifel 2021 Virtual Cross Sector Insight Conference, with a presentation scheduled for June 10, 2021, at 1:20 p.m. ET. The conference will be available via live webcast and a replay on Fabrinet's investor website.

Fabrinet specializes in advanced optical packaging and precision manufacturing services for complex products, including optical communication components and medical devices, with facilities in multiple countries, including the USA and Thailand.

Fabrinet (NYSE: FN) reported record revenue of $479.3 million for the third quarter of fiscal year 2021, surpassing last year's $411.2 million. GAAP net income rose to $37.5 million, or $1.00 per diluted share, compared to $28.3 million ($0.75) year-over-year. Non-GAAP net income also increased to $45.4 million ($1.21 per diluted share) from $34.8 million ($0.92). The company anticipates fourth quarter revenue between $475 million and $495 million with earnings per diluted share projected at $1.02 to $1.09.

Fabrinet (NYSE: FN) will release its third quarter 2021 financial results on May 3, 2021, after market close. The announcement includes a conference call at 5:00 p.m. ET on the same day, where management will discuss the results. Investors can join the live call at (888) 357-3694 for domestic or (253) 237-1137 for international access, with a passcode of 2790505. A recorded version of the webcast will be available shortly after the call, archived on Fabrinet's website for one year.

About Fabrinet: Fabrinet provides advanced optical packaging and precision manufacturing services.

Fabrinet (NYSE: FN) reported strong financial results for Q2 FY2021, achieving record revenue of $453.8 million, up from $426.2 million in Q2 FY2020. GAAP net income rose to $35.4 million or $0.94 per diluted share, compared to $31.2 million and $0.83 in the prior year. Non-GAAP net income was $41.5 million or $1.10 per diluted share. The company anticipates Q3 revenue between $455 million and $475 million, with net income per diluted share guidance at $0.94 to $1.01. A new building is under construction to support growth.

Fabrinet (NYSE: FN) will release its second quarter 2021 financial results on February 1, 2021, after market close. The company will host a conference call and webcast at 5:00 p.m. ET to discuss these results. Investors can access the live call via two domestic and international phone lines, and a recording of the webcast will be available approximately two hours after the call. Fabrinet specializes in advanced optical packaging and manufacturing services for complex products.

Fabrinet (NYSE: FN) reported a strong performance in its first fiscal quarter for 2021, achieving $436.6 million in revenue, up from $399.3 million the previous year. GAAP net income rose to $33.1 million, or $0.88 per diluted share, compared to $26.0 million and $0.69 per share in Q1 2020. Non-GAAP net income also increased, reaching $39.3 million with a per share value of $1.05. For Q2 2021, Fabrinet projects revenue between $420 million and $440 million, with GAAP EPS expected between $0.84 and $0.91.

Fabrinet (NYSE: FN) will announce its first quarter 2021 financial results for the period ending September 25, 2020, after market close on November 2, 2020. A conference call and webcast will take place at 5:00 p.m. ET that same day to review the results. Investors can join the call by dialing (888) 357-3694 domestically or (253) 237-1137 internationally, using passcode 7432775. A replay of the call will be available, and the webcast will be archived for one year on Fabrinet's website.