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Jun 24, 2022
Fabrinet Q4 2022 Earnings Report
Fabrinet's Q4 2022 financial results were announced, featuring record revenue and exceeding earnings guidance.
Key Takeaways
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.
Record fourth quarter revenue of $587.9 million.
GAAP net income for the quarter was $56.2 million.
GAAP net income per diluted share for the quarter was $1.51.
Non-GAAP net income per diluted share for the quarter was $1.68.
Fabrinet
Fabrinet
Forward Guidance
For the first quarter of fiscal year 2023, Fabrinet expects revenue between $620 million and $640 million. GAAP net income per diluted share is expected to be in the range of $1.51 to $1.58, and non-GAAP net income per diluted share is expected to be in the range of $1.72 to $1.79.