Fabrinet Stock Price, News & Analysis

Fabrinet (NYSE: FN) announced the retirement of founder and Chairman David T. “Tom” Mitchell effective Oct 17, 2025, after 25 years leading the company he founded in 2000.

Mr. Mitchell served as CEO and Chairman until 2017, returned as Chairman in 2018, and helped grow Fabrinet from a start-up to a global manufacturer with revenue exceeding $3.4 billion in fiscal 2025 and more than 16,000 employees. The company completed its IPO in 2010. The board appointed CEO Seamus Grady as Chairman to ensure continuity; Grady will serve as both CEO and Chairman.

Fabrinet (NYSE: FN) announced on October 16, 2025 that Caroline Dowling has been appointed to its Board of Directors. Ms. Dowling brings more than 20 years of global manufacturing and supply chain leadership, including service as Business Group President at Flex from 2012 to February 2019. She currently serves on boards of CRH (NYSE: CRH) and DCC (LSE: DCC) and was a director at IMI through May 2025. Fabrinet said her experience in telecommunications, enterprise compute, networking and global services will strengthen board oversight and strategic guidance.

Fabrinet (NYSE: FN) reported exceptional fourth quarter and fiscal year 2025 results, with record-breaking performance across key metrics. Q4 revenue reached a record $909.7 million, surpassing guidance, while fiscal year 2025 revenue grew 19% year-over-year to $3.42 billion.

Q4 GAAP net income was $87.2 million ($2.42 per diluted share), while non-GAAP net income reached $95.6 million ($2.65 per diluted share). For fiscal year 2025, GAAP net income was $332.5 million ($9.17 per diluted share), and non-GAAP net income was $368.8 million ($10.17 per diluted share).

Looking ahead, Fabrinet projects Q1 fiscal 2026 revenue between $910-950 million, with non-GAAP EPS guidance of $2.75-2.90.

Fabrinet (NYSE: FN), a provider of advanced optical packaging and precision manufacturing services, has scheduled its fourth quarter and fiscal year 2025 financial results announcement for August 18, 2025, after market close.

The company will host a conference call and webcast at 5:00 p.m. EDT on the same day to discuss the results for the period ending June 27, 2025. A recorded version of the webcast will be available approximately two hours after the call and will remain accessible on Fabrinet's website for one year.

Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive LiDAR sensors, has achieved a significant milestone by shipping its first InnovizTwo LiDAR units from Fabrinet's high-volume production line.

The production launch follows extensive collaboration and training to ensure compliance with Innoviz's quality standards. Fabrinet (NYSE: FN), Innoviz's chosen manufacturing partner, provides a global manufacturing footprint across the US and Asia, enabling efficient and cost-effective scaling of production to meet growing autonomous vehicle industry demands.

Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision manufacturing services, announced its upcoming virtual presentation at the Rosenblatt Securities 5th Annual Technology Summit. The presentation is scheduled for Tuesday, June 10, 2025, at 11:00 a.m. EDT (8:00 a.m. PDT). Investors and interested parties can access both the live webcast and replay of the presentation through Fabrinet's investor relations website at https://investor.fabrinet.com/.

Fabrinet (NYSE: FN), a provider of advanced optical packaging and precision manufacturing services, has announced its participation in the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference in Boston. The company's management will deliver a presentation on Thursday, May 15, 2025, at 10:00 a.m. EDT. Investors and interested parties can access both the live webcast and replay of the presentation through Fabrinet's investor relations website at https://investor.fabrinet.com/.

Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive LiDAR sensors, has expanded its Non-Recurring Engineering (NRE) payment plan with key customers. The plan's total value has increased to approximately $95 million from $80 million, with payments expected between 2025 and 2027.

The expanded NRE payments, which are additional to regular product revenue, stem from development activities Innoviz performs for existing customers. The company has also partnered with Fabrinet (NYSE: FN) to launch mass production of the InnovizTwo LiDAR platform, preparing for multiple project Start of Production (SOP) dates in 2026.

Fabrinet (NYSE: FN) reported strong financial results for Q3 FY2025, with revenue reaching $871.8 million, surpassing their guidance and showing significant growth from $731.5 million in Q3 FY2024. The company's telecom segment demonstrated robust growth, offsetting an expected sequential decline in datacom revenue.

GAAP net income reached $81.3 million ($2.25 per diluted share), compared to $80.9 million ($2.21 per diluted share) year-over-year. Non-GAAP net income was $91.2 million ($2.52 per diluted share), up from $87.7 million ($2.39 per diluted share). For Q4 FY2025, Fabrinet projects revenue between $860-900 million and non-GAAP EPS of $2.55-2.70.