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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) has published its Sustainability Report for fiscal year 2023, showcasing its commitment to ethical, environmentally responsible, and socially supportive operations. The report covers progress in sustainability initiatives, including improving quality of life for local communities, expanding talent pipeline, upholding dedication to labor and human rights, identifying sustainability opportunities through lean manufacturing, reducing carbon footprint, and advancing ESG oversight.
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Fabrinet (NYSE: FN) announced it will release financial results for the second quarter of fiscal year 2024 on February 5, 2024, after market close. The management will hold a conference call and webcast at 5:00 p.m. EST to review and discuss the Company’s results. The webcast will be available on Fabrinet’s website for a period of one year.
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Fabrinet (NYSE: FN) will present at the Needham & Company Virtual Tech Week Conference on November 14, 2023, at 12:00 p.m. ET. A live webcast and replay will be available at https://investor.fabrinet.com/
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Fabrinet (NYSE: FN) announced its financial results for the first fiscal quarter ended September 29, 2023. The company reported record revenue of $685.5 million, compared to $655.4 million in the same quarter last year. GAAP net income was $65.1 million, with a net income per diluted share of $1.78. Non-GAAP net income was $72.8 million, with a net income per diluted share of $2.00. Fabrinet expects second quarter revenue to be in the range of $680 million to $700 million.
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Fabrinet (NYSE: FN) will release financial results for the first quarter of fiscal year 2024 on November 6, 2023. A conference call and webcast will be held to discuss the results.
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Fabrinet (NYSE: FN) exceeded guidance for revenue and earnings per share in the fourth quarter of fiscal year 2023. Strong growth in datacom revenue driven by new AI products offset inventory adjustments at some customers. Fourth quarter revenue was $655.9 million, compared to $587.9 million in the previous year. GAAP net income was $60.8 million, compared to $56.2 million in the previous year. Non-GAAP net income was $68.4 million, compared to $62.6 million in the previous year. Fabrinet's Board of Directors approved the repurchase of up to an additional $47.6 million of Fabrinet's ordinary shares. Fabrinet expects first quarter revenue to be in the range of $650 million to $670 million.
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Fabrinet (NYSE: FN) will release its Q4 and FY 2023 financial results on August 21, 2023. The company provides advanced optical packaging and manufacturing services. A conference call and webcast will be held to discuss the results.
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Fabrinet to present at Rosenblatt Securities 3rd Annual Technology Summit
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Fabrinet to present at J.P. Morgan conference
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FAQ

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

The current stock price of Fabrinet (FN) is $230.43 as of November 22, 2024.

What is the market cap of Fabrinet (FN)?

The market cap of Fabrinet (FN) is approximately 8.3B.

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

FN Rankings

FN Stock Data

8.30B
36.13M
0.38%
104.98%
3.95%
Electronic Components
Telephone & Telegraph Apparatus
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