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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.
Fabrinet (NYSE: FN) announced it will release its third quarter fiscal year 2023 financial results after market close on
Fabrinet (NYSE: FN) reported record revenues of $668.7 million for Q2 FY2023, exceeding guidance and up from $566.6 million year-over-year. GAAP net income reached $63.2 million ($1.71 per diluted share) versus $48.9 million ($1.30) in Q2 FY2022. Non-GAAP net income was $70.0 million ($1.90 per diluted share), increasing from $56.2 million ($1.50). The company anticipates Q3 revenue between $640 million to $660 million and GAAP net income per diluted share of $1.59 to $1.66. CEO Seamus Grady highlighted robust execution and improving component availability, despite some tightening.
Fabrinet (NYSE: FN) announced it will release its second quarter fiscal year 2023 financial results for the period ended December 30, 2022, on February 6, 2023, after market close. Following the release, management will conduct a conference call and webcast at 5:00 p.m. ET to review the results. Fabrinet provides optical packaging and manufacturing services for complex products, serving various sectors including telecommunications and medical devices. The recorded version of the webcast will be accessible two hours post-call and archived for one year.
EFFECT Photonics has chosen Fabrinet (NYSE: FN) as its manufacturing partner for integrated optical sub-assemblies. Fabrinet will handle sourcing, procurement, assembly, testing, and calibration, leveraging its expertise in optical and electronic manufacturing. This partnership aims to enhance supply reliability and efficiency for EFFECT Photonics amid rising demand for optical bandwidth due to cloud applications and 5G technology. The collaboration is expected to facilitate high-volume production and meet evolving market needs.
Fabrinet (NYSE: FN) has announced its participation in the 16th Annual Needham Security, Networking, and Communications Virtual Conference, scheduled for November 15, 2022, at 11:45 a.m. ET (8:45 a.m. PT). A live webcast and replay will be available at Fabrinet's investor page.
Fabrinet is recognized for its advanced optical packaging and precision manufacturing services, catering to OEMs of complex products including optical communication components and medical devices.
Fabrinet (NYSE: FN) reported record revenue of $655.4 million for the first quarter of fiscal year 2023, exceeding guidance and up from $543.3 million in the previous year. Net income rose to $64.6 million from $44.7 million, with GAAP net income per share increasing to $1.76. Non-GAAP results showed net income of $72.4 million, yielding a non-GAAP net income per share of $1.97. Looking ahead, the company anticipates second quarter revenue between $640 million and $660 million.
Fabrinet (NYSE: FN) will release its first quarter fiscal year 2023 financial results for the period ending September 30, 2022, after market close on November 7, 2022. A conference call will be held at 5:00 p.m. ET to discuss the results. Fabrinet specializes in advanced optical packaging and precision manufacturing services for complex products, serving various sectors such as optical communications, automotive, and medical devices. Investors can access the recorded conference call on the company's website.
Fabrinet (NYSE: FN) reported a record fourth quarter revenue of $587.9 million and a fiscal year 2022 revenue of $2.26 billion. The GAAP net income for Q4 was $56.2 million, translating to $1.51 per share, exceeding guidance. For the fiscal year, GAAP net income reached $200.4 million, or $5.36 per share, up from $148.3 million in 2021. The company expanded its share repurchase program by $78.7 million, totaling $247.2 million. Guidance for Q1 FY2023 anticipates revenue between $620 million and $640 million.
Fabrinet (NYSE: FN) announced it will release its fourth quarter and fiscal-year 2022 financial results after market close on August 15, 2022. The results will cover the period ending June 24, 2022. Following the release, management will hold a conference call and webcast at 5:00 p.m. ET to discuss the findings. A recorded version of the webcast will be accessible about two hours after the call and archived for one year on the company’s website.
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