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Fabrinet - FN STOCK NEWS

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 (symbol: FN) is a leading provider of advanced manufacturing services, trusted by the world’s most demanding Original Equipment Manufacturers (OEMs). The company excels in producing complex optical and electro-mechanical components, modules, and bulk optics, catering to diverse markets such as data communications, telecommunications, networking, medical devices, and automotive technologies.

Fabrinet offers a comprehensive range of services, ensuring a seamless transition from a product’s prototype phase to its final production. Their offerings include full support for testing, process development, design for manufacturing, and a complete turnkey supply chain solution. This approach allows Fabrinet to assist in the development and continuous improvement of products, ensuring they meet the highest standards of quality, flexibility, and competitiveness, tailored to the unique needs of each customer.

The company has a strong presence in North America and Asia-Pacific, with additional operations in Europe. Fabrinet’s manufacturing capabilities cover selective switching products, active optical cables, tunable transponders and transceivers, lasers, and sensors. This broad spectrum of services makes Fabrinet a preferred partner for OEMs requiring precision and reliability in their manufacturing processes.

Recent achievements include the expansion of their service offerings to include more advanced manufacturing technologies and the strengthening of partnerships with top-tier OEMs. The company is continuously evolving to meet the growing demands of its customers, maintaining a focus on quality and innovation.

Fabrinet is currently hiring for several key positions, including General Manager, QA Director, Quality Manager, Operation Manager, Engineering Manager, and Program Coordination Manager. These roles are essential for sustaining the company’s high standards and supporting its growth and development initiatives.

In summary, Fabrinet stands out in the manufacturing industry for its comprehensive service range, commitment to quality, and ability to cater to the specific needs of top-tier OEMs, making it a valuable partner in the production of high-precision components and systems.

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Fabrinet (NYSE: FN) reported strong fiscal Q1 2025 results with record revenue of $804.2 million, up 17% year-over-year from $685.5 million. The company saw revenue growth across all product areas, including telecom. GAAP net income reached $77.4 million ($2.13 per diluted share), compared to $65.1 million ($1.78 per share) in Q1 2024. Non-GAAP net income was $86.9 million ($2.39 per diluted share) versus $72.8 million ($2.00 per share) last year. For Q2 2025, Fabrinet expects revenue between $800-820 million and non-GAAP EPS of $2.44-$2.52.

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Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision manufacturing services, has announced it will release its first quarter fiscal year 2025 financial results on November 4, 2024, after market close. The company will hold a conference call and webcast at 5:00 p.m. EST on the same day to discuss the results.

The financial results will cover the period ended September 27, 2024. Investors and interested parties can access the live call and replay through the company's investor relations website. A recorded version of the webcast will be available approximately two hours after the call and will be archived on Fabrinet's website for one year.

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Fabrinet (NYSE: FN) reported strong financial results for Q4 and fiscal year 2024, exceeding guidance. Q4 revenue reached $753.3 million, up from $655.9 million in Q4 2023. GAAP net income for Q4 2024 was $81.1 million, with earnings per diluted share at $2.22. For the full fiscal year 2024, revenue totaled $2.88 billion, compared to $2.65 billion in 2023. GAAP net income for FY 2024 was $296.2 million, with earnings per diluted share at $8.10.

The company's Board of Directors approved an expansion of its share repurchase program, authorizing an additional $139.5 million. For Q1 FY 2025, Fabrinet expects revenue between $760 million and $780 million, with GAAP net income per diluted share projected at $2.10 to $2.17.

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Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision manufacturing services, has announced its plans to release financial results for the fourth quarter and fiscal year 2024 on August 19, 2024, after market close. The company will hold a conference call and webcast at 5:00 p.m. EDT on the same day to discuss the results.

The financial period in question ended on June 28, 2024. Investors and interested parties can access the live call and replay through the company's investor relations website. A recorded version of the webcast will be available approximately two hours after the call and will be archived on Fabrinet's website for one year.

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Fabrinet (NYSE: FN), a key player in optical packaging and manufacturing, has appointed Forbes Alexander to its Board of Directors, expanding the board to eight members. Alexander will join the Board’s Audit Committee and brings significant executive and financial expertise, having previously held leadership roles at Jabil (NYSE: JBL) and other technology firms. His extensive background includes positions in finance and board memberships at various high-profile companies. Both Tom Mitchell, Chairman, and Seamus Grady, CEO of Fabrinet, praised Alexander's EMS industry experience and financial acumen as valuable assets for the company's growth and leadership. Alexander expressed enthusiasm about contributing to Fabrinet's ongoing success and reputation in the EMS industry.

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Fabrinet (NYSE: FN), a prominent provider of optical packaging and precision manufacturing services, announced its participation in the Rosenblatt Securities 4th Annual Technology Summit.

The company's management will present virtually on June 13, 2024, at 12:00 p.m. EDT (9:00 a.m. PDT). A live webcast and replay will be available on Fabrinet's investor relations website.

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Fabrinet (NYSE: FN) will be presenting at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference in Boston, MA. The presentation is scheduled for Monday, May 20, 2024, at 8:40 a.m. EDT. Investors can access a live webcast and replay on the company's investor website.

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Fabrinet (NYSE: FN) announced record revenue and net income per share in its third fiscal quarter of 2024. The company exceeded its guidance ranges driven by strong datacom revenue and sequential growth in telecom revenue. The GAAP net income was $80.9 million, with a net income per diluted share of $2.21. Non-GAAP net income was $87.7 million, with a net income per diluted share of $2.39. Fabrinet provided a positive business outlook for the fourth fiscal quarter, expecting revenue in the range of $720 million to $740 million.

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Fabrinet (FN) will announce its financial results for the third quarter of fiscal year 2024 on May 6, 2024. The company specializes in optical packaging and manufacturing services for complex products. The conference call and webcast to discuss the results will be held at 4:30 p.m. EDT on the same day.
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Fabrinet (FN) surpasses guidance ranges with record revenue and net income per share. Second quarter fiscal year 2024 revenue was $712.7 million, up from $668.7 million in the second quarter of fiscal year 2023. GAAP net income was $69.1 million, compared to $63.2 million in the same period. Non-GAAP net income was $76.1 million, up from $70.0 million. The company expects third quarter revenue to be in the range of $705 million to $725 million.
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FAQ

What is the current stock price of Fabrinet (FN)?

The current stock price of Fabrinet (FN) is $221.26 as of December 20, 2024.

What is the market cap of Fabrinet (FN)?

The market cap of Fabrinet (FN) is approximately 8.0B.

What does Fabrinet do?

Fabrinet provides advanced manufacturing services for complex optical and electro-mechanical components, catering to markets such as data communications, telecommunications, networking, medical devices, and automotive technologies.

Who are Fabrinet's customers?

Fabrinet's customers are top-tier Original Equipment Manufacturers (OEMs) that require precision manufacturing capabilities for their products.

What services does Fabrinet offer?

Fabrinet offers a full range of services, including support for testing, process development, design for manufacturing, and a complete turnkey supply chain solution.

In which regions does Fabrinet operate?

Fabrinet generates the majority of its revenue from North America and Asia-Pacific, with additional operations in Europe.

What types of products does Fabrinet manufacture?

Fabrinet manufactures a variety of products, including selective switching products, active optical cables, tunable transponders and transceivers, lasers, and sensors.

What makes Fabrinet unique?

Fabrinet's unique value lies in its seamless transition from prototype to production, comprehensive service range, and commitment to quality, flexibility, and competitiveness.

What are Fabrinet's recent achievements?

Recent achievements include expanding service offerings to include more advanced manufacturing technologies and strengthening partnerships with top-tier OEMs.

What positions is Fabrinet currently hiring for?

Fabrinet is hiring for roles such as General Manager, QA Director, Quality Manager, Operation Manager, Engineering Manager, and Program Coordination Manager.

How does Fabrinet support product development?

Fabrinet supports product development through services like testing, process development, design for manufacturing, and offering a complete turnkey supply chain solution.

Why should OEMs choose Fabrinet?

OEMs should choose Fabrinet for its precision manufacturing capabilities, comprehensive service range, and dedication to maintaining high standards of quality and innovation.

Fabrinet

NYSE:FN

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FN Stock Data

8.03B
36.12M
0.38%
104.97%
5.15%
Electronic Components
Telephone & Telegraph Apparatus
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