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 reports news on its role as a provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services for original equipment manufacturers of complex products. Its work spans optical communication components, modules and subsystems, automotive components, medical devices, industrial lasers and sensors, with capabilities that include process design, engineering, supply chain management, manufacturing, advanced packaging, integration, final assembly and testing.
Recurring updates include quarterly financial results and guidance, customer and program activity in datacom, telecom and high-performance computing markets, investor conference participation, and corporate responsibility reporting covering sustainable manufacturing, supply chain and quality management, risk management, employee development and community initiatives.
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.