Fabrinet Q1 2025 Earnings Report
Key Takeaways
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.
Record revenue of $804 million, a 17% increase year-over-year.
Revenue growth seen in every product area, including telecom.
GAAP net income was $77.4 million, or $2.13 per diluted share.
Non-GAAP net income was $86.9 million, or $2.39 per diluted share.
Fabrinet
Fabrinet
Forward Guidance
For the second quarter ending December 27, 2024, Fabrinet expects revenue to be in the range of $800 million to $820 million. GAAP net income per diluted share is expected to be in the range of $2.20 to $2.28, and non-GAAP net income per diluted share is expected to be in the range of $2.44 to $2.52.
Positive Outlook
- Revenue to be in the range of $800 million to $820 million.
- GAAP net income per diluted share is expected to be in the range of $2.20 to $2.28.
- Based on approximately 36.4 million fully diluted shares outstanding.
- Non-GAAP net income per diluted share is expected to be in the range of $2.44 to $2.52.
- Excludes share-based compensation expenses and certain non-recurring items.