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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) will release its first quarter 2022 financial results for the period ending September 24, 2021, after market close on November 1, 2021. A conference call will follow at 5:00 p.m. ET to discuss the results. Fabrinet operates in advanced optical packaging and precision manufacturing, serving original equipment manufacturers across various sectors, including optical communications and medical devices. The company maintains operations in multiple countries, including Thailand and the USA.

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Fabrinet (NYSE: FN) has been awarded the Cisco 2021 EMS Partner of the Year, recognizing its strong performance and partnership during FY21 despite a challenging operational climate. The announcement was made during Cisco's annual Supplier Appreciation Event on September 14, 2021. This award highlights Fabrinet's capabilities in delivering advanced optical packaging and precision manufacturing services. The recognition underscores the significance of collaboration within the supply chain to enhance customer applications and infrastructure.

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Fabrinet (NYSE: FN) reported strong financial results for Q4 and the fiscal year 2021, exceeding guidance with Q4 revenue of $509.6 million, up from $405.1 million year-over-year. GAAP net income for Q4 rose to $42.4 million, or $1.13 per diluted share, compared to $28.0 million, or $0.75 per share, in the previous year. Fiscal year revenue reached $1,879.4 million, up from $1,641.8 million, with GAAP net income of $148.3 million, or $3.95 per diluted share. The company anticipates Q1 FY2022 revenue of $510 million to $530 million and is optimistic about ongoing demand trends.

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Fabrinet (NYSE: FN) will release its Q4 and fiscal-year 2021 financial results on August 16, 2021, after market close. A conference call and webcast will be held at 5:00 p.m. ET to discuss the results. Fabrinet, known for advanced optical packaging and manufacturing services, operates in various countries, including Thailand and the USA. Their expertise includes optical communication, automotive components, medical devices, and industrial lasers.

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Fabrinet (NYSE: FN) announced its participation in the Stifel 2021 Virtual Cross Sector Insight Conference, with a presentation scheduled for June 10, 2021, at 1:20 p.m. ET. The conference will be available via live webcast and a replay on Fabrinet's investor website.

Fabrinet specializes in advanced optical packaging and precision manufacturing services for complex products, including optical communication components and medical devices, with facilities in multiple countries, including the USA and Thailand.

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Fabrinet (NYSE: FN) reported record revenue of $479.3 million for the third quarter of fiscal year 2021, surpassing last year's $411.2 million. GAAP net income rose to $37.5 million, or $1.00 per diluted share, compared to $28.3 million ($0.75) year-over-year. Non-GAAP net income also increased to $45.4 million ($1.21 per diluted share) from $34.8 million ($0.92). The company anticipates fourth quarter revenue between $475 million and $495 million with earnings per diluted share projected at $1.02 to $1.09.

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Fabrinet (NYSE: FN) will release its third quarter 2021 financial results on May 3, 2021, after market close. The announcement includes a conference call at 5:00 p.m. ET on the same day, where management will discuss the results. Investors can join the live call at (888) 357-3694 for domestic or (253) 237-1137 for international access, with a passcode of 2790505. A recorded version of the webcast will be available shortly after the call, archived on Fabrinet's website for one year.

About Fabrinet: Fabrinet provides advanced optical packaging and precision manufacturing services.

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Fabrinet (NYSE: FN) reported strong financial results for Q2 FY2021, achieving record revenue of $453.8 million, up from $426.2 million in Q2 FY2020. GAAP net income rose to $35.4 million or $0.94 per diluted share, compared to $31.2 million and $0.83 in the prior year. Non-GAAP net income was $41.5 million or $1.10 per diluted share. The company anticipates Q3 revenue between $455 million and $475 million, with net income per diluted share guidance at $0.94 to $1.01. A new building is under construction to support growth.

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Fabrinet (NYSE: FN) will release its second quarter 2021 financial results on February 1, 2021, after market close. The company will host a conference call and webcast at 5:00 p.m. ET to discuss these results. Investors can access the live call via two domestic and international phone lines, and a recording of the webcast will be available approximately two hours after the call. Fabrinet specializes in advanced optical packaging and manufacturing services for complex products.

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Fabrinet (NYSE: FN) reported a strong performance in its first fiscal quarter for 2021, achieving $436.6 million in revenue, up from $399.3 million the previous year. GAAP net income rose to $33.1 million, or $0.88 per diluted share, compared to $26.0 million and $0.69 per share in Q1 2020. Non-GAAP net income also increased, reaching $39.3 million with a per share value of $1.05. For Q2 2021, Fabrinet projects revenue between $420 million and $440 million, with GAAP EPS expected between $0.84 and $0.91.

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FAQ

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

The current stock price of Fabrinet (FN) is $221.26 as of December 20, 2024.

What is the market cap of Fabrinet (FN)?

The market cap of Fabrinet (FN) is approximately 8.0B.

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

8.03B
36.12M
0.38%
104.97%
5.15%
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