Fabrinet Revises Financial Guidance After Amazon Agreement

Fabrinet ( (FN) ) has issued an update.

On March 12, 2025, Fabrinet entered into a Transaction Agreement with Amazon, issuing a warrant to Amazon’s affiliate to acquire up to 381,922 ordinary shares of Fabrinet, with vesting conditions tied to payments under a commercial agreement. This issuance is expected to lead to a non-cash stock-based accounting adjustment impacting Fabrinet’s third fiscal quarter revenue by approximately $4.2 million, and a reduction in net income per fully diluted share by $0.12, prompting a revision of its financial guidance for the quarter.

More about Fabrinet

Fabrinet operates in the optical manufacturing services industry, providing advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules, and subsystems.

YTD Price Performance: -8.39%

Average Trading Volume: 694,148

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $7.12B

For an in-depth examination of FN stock, go to TipRanks’ Stock Analysis page.