Fabrinet Announces Second Quarter Fiscal Year 2025 Financial Results
Record Second Quarter Revenue and Earnings Per Share Above Guidance Ranges Record Second Quarter Revenue and Earnings Per Share Above Guidance Ranges
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Fabrinet to Announce Second Quarter Fiscal Year 2025 Financial Results on February 3, 2025
BANGKOK, Thailand, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced it will release financial results for the second quarter of fiscal year 2025, which ended December 27, 2024, after market close on Monday, February 3, 2025. On that day, management will hold a conference call and webcast at 5:00 p.m. EST to review and discuss the Company's results.
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Fabrinet initiated with an Equal Weight at Barclays
Barclays initiated coverage of Fabrinet (FN) with an Equal Weight rating and $292 price target. The firm believes upside is "baked in at the current premium valuation." While Barclays appreciates Fabrinet's "strong positioning" with Nvidia (NVDA) optical transceivers, it says the timing and magnitude uncertainty on 1.6T ramp could be a concern for shares. It sees a balanced risk/reward at current Fabrinet share levels.
Fabrinet (FN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Fabrinet (FN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Fabrinet (FN) Meets Q1 Earnings Estimates
Fabrinet (FN) came out with quarterly earnings of $2.39 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2 per share a year ago.
Fabrinet (FN) Q1 2025 Earnings Call Transcript
Fabrinet (NYSE:FN ) Q1 2025 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Garo Toomajanian - VP, IR Seamus Grady - CEO Csaba Sverha - CFO Conference Call Participants Karl Ackerman - BNP Paribas Tim Savageaux - Northland Capital Markets Samik Chatterjee - JPMorgan George Notter - Jefferies Ryan Koontz - Needham Michael Genovese - Rosenblatt Securities Operator Good afternoon. Welcome to the Fabrinet Financial Results Conference Call for the First Quarter of Fiscal Year 2025.
Fabrinet Announces First Quarter Fiscal Year 2025 Financial Results
BANGKOK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced its financial results for its fiscal first quarter ended September 27, 2024. Seamus Grady, Chief Executive Officer of Fabrinet, said, “We started fiscal year 2025 with significant momentum across our business.
