Fabrinet

FN

Equity

ISIN KYG3323L1005 / Valor 3595304

New York Stock Exchange, Inc (2025-06-13)

USD 245.09-4.62%

Fabrinet
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About company

Fabrinet is a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules, and sub-systems. With two campuses located near Bangkok, Thailand, Fabrinet leverages its well-established operations and strategic location to optimize material costs and provide scalable facilities and workforce tailored to meet customers' demands. With over 20 years of experience in volume manufacturing, Fabrinet's engineering process and assembly lines are designed for flexibility and efficiency to deliver high-quality products to its global clientele.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Fabrinet's revenue for the second quarter of fiscal year 2025 reached $833.6 million, a substantial increase from $712.7 million in the second quarter of fiscal year 2024.

Increase in GAAP Net Income

The company's GAAP net income rose to $86.6 million in Q2 FY2025, up from $69.1 million in Q2 FY2024. This growth is also reflected in the GAAP net income per diluted share, which increased to $2.38 from $1.89 year-over-year.

Non-GAAP Performance

Fabrinet reported a non-GAAP net income of $95.1 million for the second quarter of fiscal year 2025, compared to $76.1 million in the same quarter of fiscal year 2024. The non-GAAP net income per diluted share also saw an increase, rising to $2.61 from $2.08.

Business Outlook

The company anticipates third quarter revenue to be between $850 million and $870 million. GAAP net income per diluted share is projected to range from $2.32 to $2.40, while non-GAAP net income per diluted share is expected to be between $2.55 and $2.63.