Fabrinet reported record second-quarter revenue of $833.6 million and GAAP net income per diluted share of $2.38, both exceeding guidance. The company's telecom performance was strong, driven by datacenter interconnect demand and recent systems wins. While datacom demand moderated slightly, rapid growth is expected as next-generation products ramp up.
Fabrinet reported record revenue of $804 million for the first quarter of fiscal year 2025, a 17% increase year-over-year. GAAP net income was $77.4 million, or $2.13 per diluted share, while non-GAAP net income was $86.9 million, or $2.39 per diluted share.
Fabrinet reported record fourth-quarter revenue of $753.3 million and GAAP net income per diluted share of $2.22, exceeding guidance. The company remains optimistic about its future and ability to extend its track record of success into fiscal year 2025.
Fabrinet reported strong Q3 2024 results, exceeding both revenue and EPS guidance, driven by record datacom revenue and sequential growth in telecom revenue.
Fabrinet announced strong second quarter results, exceeding guidance and achieving record levels for revenue and net income per share. Datacom revenue growth was a significant driver of top-line performance, and the company anticipates continued contributions from newer datacom programs. The impact of telecom inventory adjustments is moderating, leading to optimism for diminished effects.
Fabrinet reported a strong start to fiscal year 2024, with record revenue of $685.5 million and GAAP net income per share of $1.78, both exceeding guidance. The company's performance was driven by quickly ramping new programs, offsetting industry-wide inventory adjustments.
Fabrinet reported strong Q4 2023 results, exceeding revenue and EPS guidance. The company saw significant growth in datacom revenue due to new AI products, which offset headwinds from customer inventory adjustments. Fiscal year 2023 was a record year for revenue, profitability, and cash flow.
Fabrinet announced strong Q3 2023 results, with revenue exceeding guidance and demonstrating operating leverage. While some parts of the business are affected by near-term inventory adjustments, growth from other customer programs and component availability improvements are offsetting the impacts.
Fabrinet announced strong second quarter results with revenue exceeding guidance and record operating margins, effectively managing a dynamic supply environment.
Fabrinet announced its financial results for the first quarter of fiscal year 2023 ended September 30, 2022. Revenue for the first quarter of fiscal year 2023 was $655.4 million, compared to $543.3 million for the first quarter of fiscal year 2022. GAAP net income for the first quarter of fiscal year 2023 was $64.6 million, compared to $44.7 million for the first quarter of fiscal year 2022.
Fabrinet reported record fourth-quarter revenue of $587.9 million and GAAP net income per share of $1.51, exceeding guidance. The company is optimistic about continuing its success in fiscal year 2023 due to strong ongoing demand trends.
Fabrinet announced its Q3 fiscal year 2022 financial results with a solid revenue of $564.4 million and record GAAP and Non-GAAP net income per share.
Fabrinet announced financial results for the second quarter of fiscal year 2022, with revenue reaching $566.6 million, exceeding guidance. GAAP net income was $48.9 million, or $1.30 per diluted share, while non-GAAP net income was $56.2 million, or $1.50 per diluted share, also exceeding guidance.
Fabrinet announced its financial results for the first fiscal quarter ended September 24, 2021. The company reported a record first quarter revenue of $543.3 million, exceeding guidance. GAAP net income was $44.7 million, or $1.20 per diluted share, while non-GAAP net income was $54.2 million, or $1.45 per diluted share.
Fabrinet announced strong Q4 2021 results with revenue of $509.6 million, exceeding guidance. GAAP net income was $42.4 million, or $1.13 per diluted share, while non-GAAP net income was $49.4 million, or $1.31 per diluted share. The company also reported record fiscal year 2021 revenue of $1.88 billion.
Fabrinet announced record third quarter revenue of $479.3 million, exceeding guidance, with sequential revenue growth from all end markets and improved operating margins leading to record net income. The company expects another record performance in the fourth quarter.
Fabrinet announced record second quarter revenue of $453.8 million, exceeding guidance. GAAP net income was $35.4 million, or $0.94 per diluted share, while non-GAAP net income was $41.5 million, or $1.10 per diluted share. The company is optimistic that the third quarter will represent another record-breaking quarter.
Fabrinet announced record first quarter revenue of $436.6 million, exceeding guidance. GAAP net income per share increased 28% and non-GAAP net income per share increased 22% year-over-year.
Fabrinet announced its Q4 and Fiscal Year 2020 results, exceeding revenue and earnings guidance for the quarter. The company reported Q4 revenue of $405.1 million and GAAP net income of $28.0 million ($0.75 per diluted share). Fabrinet also achieved record fiscal year revenue of $1.64 billion and record operating cash flow of $151 million.
Fabrinet reported revenue of $411.2 million and GAAP net income of $28.3 million for the third quarter of fiscal year 2020. The company demonstrated flexibility in a changing business environment and maintained operational safety.
Fabrinet announced its financial results for the second quarter ended December 27, 2019, with revenue reaching $426.2 million and GAAP net income at $31.2 million. The company's performance exceeded guidance ranges, driven by sequential growth across nearly all markets. Fabrinet anticipates continued year-over-year growth in the third quarter, while considering the potential impact of the coronavirus outbreak.