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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.

Overview of Fabrinet

Fabrinet (NYSE: FN) is a globally recognized provider of advanced optical packaging and precision manufacturing services, catering to Original Equipment Manufacturers (OEMs) in industries that demand high-quality, complex components. The company specializes in the production of optical, electro-mechanical, and electronic components, offering a comprehensive suite of services that span the entire manufacturing lifecycle. From process design and engineering to supply chain management, assembly, and testing, Fabrinet ensures seamless transitions from prototype development to full-scale production for its clients.

Core Business and Capabilities

Fabrinet's core business revolves around manufacturing highly specialized components and modules used in critical applications. These include optical communication components, industrial lasers, automotive technologies, medical devices, and sensors. The company provides advanced optical and electro-mechanical capabilities, including:

  • Process Design and Engineering: Tailored solutions for optimizing manufacturing processes to meet specific customer requirements.
  • Supply Chain Management: Comprehensive support to ensure a steady flow of materials and components.
  • Advanced Packaging: Precision optical packaging for high-performance components.
  • Integration and Assembly: End-to-end solutions for integrating complex subsystems and final product assembly.
  • Testing and Quality Assurance: Rigorous testing protocols to ensure reliability and performance.

Market Segments and Applications

Fabrinet serves a diverse range of industries, each requiring high levels of precision and reliability:

  • Telecommunications and Data Communications: Components for high-speed data transfer and network infrastructure.
  • Automotive Technologies: Advanced components for safety systems and autonomous driving technologies.
  • Medical Devices: Precision manufacturing for life-saving equipment and diagnostic tools.
  • Industrial Lasers and Sensors: Components used in manufacturing, metrology, and other industrial applications.

Competitive Advantages

Fabrinet differentiates itself through its commitment to quality, flexibility, and customer-centric solutions. The company’s vertically integrated model allows it to provide end-to-end manufacturing services, reducing time-to-market for its clients. Its expertise in optical and electro-mechanical integration positions it as a trusted partner for OEMs in cutting-edge industries. Additionally, Fabrinet's global footprint, with facilities in Thailand, the United States, China, and Israel, enables it to serve a diverse customer base while maintaining operational efficiency.

Industry Context

As industries like telecommunications, automotive, and medical devices continue to evolve, the demand for high-precision components is growing. Fabrinet is well-positioned to capitalize on these trends by leveraging its advanced manufacturing capabilities and deep industry expertise. Its ability to deliver complex solutions tailored to the unique needs of its customers makes it a critical enabler of innovation in these high-tech sectors.

Conclusion

Fabrinet stands out as a vital manufacturing partner for OEMs operating in demanding industries. Its comprehensive service offerings, combined with a strong focus on quality and innovation, make it an integral part of the supply chain for advanced technologies. By providing seamless transitions from prototype to production, Fabrinet helps its clients achieve their goals while maintaining the highest standards of precision and reliability.

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 $183.66 as of March 6, 2025.

What is the market cap of Fabrinet (FN)?

The market cap of Fabrinet (FN) is approximately 7.1B.

What does Fabrinet specialize in?

Fabrinet specializes in advanced optical packaging and precision manufacturing services for OEMs in industries like telecommunications, medical devices, and automotive technologies.

What industries does Fabrinet serve?

Fabrinet serves industries such as telecommunications, data communications, automotive technologies, medical devices, and industrial lasers and sensors.

How does Fabrinet differentiate itself from competitors?

Fabrinet differentiates itself through its vertically integrated manufacturing model, advanced optical and electro-mechanical capabilities, and a strong focus on quality and customer-specific solutions.

What services does Fabrinet provide to its clients?

Fabrinet offers services including process design, supply chain management, advanced optical packaging, integration, assembly, and rigorous testing and quality assurance.

Where are Fabrinet’s manufacturing facilities located?

Fabrinet operates manufacturing facilities in Thailand, the United States, China, and Israel, enabling it to serve a global customer base.

What types of components does Fabrinet manufacture?

Fabrinet manufactures optical, electro-mechanical, and electronic components used in products like optical communication modules, automotive systems, and medical devices.

Who are Fabrinet’s primary customers?

Fabrinet’s primary customers are top-tier Original Equipment Manufacturers (OEMs) requiring high-precision and complex components.

What is Fabrinet’s role in the supply chain?

Fabrinet acts as a trusted manufacturing partner, offering end-to-end solutions from prototype development to full-scale production, ensuring high quality and reliability.
Fabrinet

NYSE:FN

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7.12B
35.73M
0.4%
105.32%
5.72%
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