Fabrinet ( (FN) ) has released its Q3 earnings. Here is a breakdown of the information Fabrinet presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Fabrinet is a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services, catering to original equipment manufacturers of complex products across various sectors including optical communications, automotive, and medical devices. The company operates with facilities in Thailand, the USA, China, and Israel.
In its third fiscal quarter of 2025, Fabrinet reported record revenue of $872 million, surpassing its guidance range. The company experienced robust performance in the telecom sector, which compensated for a predicted decline in datacom revenue. The non-GAAP earnings per share also exceeded expectations, reflecting the company’s strong operational execution.
Key financial highlights for the quarter include a GAAP net income of $81.3 million, slightly up from $80.9 million in the same quarter of the previous year, and a non-GAAP net income of $91.2 million, compared to $87.7 million last year. The company also reported a GAAP net income per diluted share of $2.25 and a non-GAAP net income per diluted share of $2.52. The revenue for the quarter increased significantly from $731.5 million in the third quarter of fiscal year 2024 to $871.8 million in the current quarter.
Looking ahead, Fabrinet remains optimistic about its future performance, projecting fourth-quarter revenue to range between $860 million and $900 million. The company expects GAAP net income per diluted share to be between $2.32 and $2.47, with non-GAAP net income per diluted share anticipated to range from $2.55 to $2.70. This outlook reflects Fabrinet’s confidence in maintaining strong execution and growth into fiscal 2026.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue