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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.

Company Overview

Fabrinet (FN) is a distinguished provider of advanced optical packaging and precision manufacturing services, specializing in the development of optical, electro-mechanical, and electronic components. Operating predominantly for top-tier original equipment manufacturers (OEMs), the company serves a wide array of markets including data communications, telecommunications, networking, automotive technologies, and medical devices. Fabrinet marries in-depth engineering expertise with robust manufacturing capabilities to offer a seamless transition from product prototyping to full-scale production.

Core Capabilities

Fabrinet provides an integrated suite of services designed to support complex product development. These include:

  • Process Design and Engineering: Crafting innovative manufacturing processes that optimize product quality and efficiency.
  • Supply Chain Management: Delivering turnkey solutions that ensure a smooth, cost-effective flow of materials and components.
  • Advanced Packaging and Integration: Utilizing cutting-edge techniques in precision packaging to meet rigorous performance standards.
  • Testing and Process Development: Implementing thorough testing protocols to guarantee product reliability and performance.

Business Model and Industry Position

At its core, Fabrinet is dedicated to enabling the production of highly engineered components for sophisticated systems. The company operates across multiple regions, ensuring that its revenue streams are diversified geographically. Its business model is built on providing full-cycle support, from initial design and prototyping to final assembly and rigorous testing, making it a trusted partner for OEMs striving for excellence in product quality and innovation.

Operational Excellence and Differentiation

Fabrinet stands out in the competitive landscape due to its comprehensive approach to manufacturing. The company not only offers production capabilities but also supports design for manufacturing and continuous improvement initiatives. This dedication to operational excellence is reflected in the meticulous attention to quality, flexibility in adapting to customer needs, and the ability to integrate complex manufacturing processes seamlessly. By focusing on precision engineering and an expansive service offering, Fabrinet remains a key partner in advancing technology in high-demand sectors.

Industry Expertise and Technological Capabilities

Utilizing sophisticated manufacturing technologies and a highly experienced workforce, Fabrinet delivers products that meet the evolving challenges of modern industries. The company leverages advanced optical and electro-mechanical capabilities to produce components that are vital for high-performance applications, ensuring that they adhere to stringent quality standards and industry-specific regulations. This blend of technological innovation and operational discipline underpins Fabrinet's reputation as a reliable and expert manufacturing partner.

Customer Focus and Global Reach

Fabrinet's commitment to excellence is evident in its long-standing relationships with premier OEMs. With a strong emphasis on customer support and end-to-end service integration, the company provides the necessary expertise and infrastructure to help clients navigate the complexities of product development and production scaling. Its global footprint, spanning key commercial regions in North America, Asia-Pacific, and Europe, positions Fabrinet as a versatile and resilient player in the advanced manufacturing industry.

Conclusion

In summary, Fabrinet offers a deep reservoir of technical know-how and manufacturing excellence, supporting a diverse range of industries through its comprehensive service portfolio. By effectively integrating advanced engineering, state-of-the-art manufacturing processes, and a robust supply chain, the company ensures that its clients achieve superior product performance and reliability in competitive markets.

Rhea-AI Summary

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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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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FAQ

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

The current stock price of Fabrinet (FN) is $197.02 as of April 1, 2025.

What is the market cap of Fabrinet (FN)?

The market cap of Fabrinet (FN) is approximately 7.0B.

What does Fabrinet specialize in?

Fabrinet specializes in advanced optical packaging and precision manufacturing services, focusing on optical, electro-mechanical, and electronic components for complex products.

Who are Fabrinet's primary customers?

Fabrinet primarily serves top-tier original equipment manufacturers (OEMs) across industries such as data communications, telecommunications, automotive, and medical devices.

What are the core services offered by Fabrinet?

The company offers a full-service portfolio including process design, supply chain management, advanced packaging, integration, final assembly, and rigorous testing protocols.

How does Fabrinet support product development?

Fabrinet provides end-to-end support from the prototype stage to final production, incorporating design for manufacturing, process development, and continuous improvement initiatives.

What industries does Fabrinet cater to?

Fabrinet caters to multiple sectors including telecommunications, data communications, automotive technologies, medical devices, and industrial applications like lasers and sensors.

In what regions does Fabrinet operate?

Fabrinet maintains a global presence with strong operations in North America, Asia-Pacific, and Europe, ensuring diversified market reach and risk management.

How does Fabrinet differentiate itself from competitors?

Fabrinet differentiates through its integrated approach, providing comprehensive support from design to final production, backed by deep engineering expertise and advanced manufacturing technologies.

What role does supply chain management play at Fabrinet?

Efficient supply chain management is a cornerstone of Fabrinet’s business model, ensuring seamless material flow and cost-effective production, which contributes to high-quality, timely deliverables.
Fabrinet

NYSE:FN

FN Rankings

FN Stock Data

7.04B
35.84M
0.41%
106.83%
5.73%
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