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Fabrinet (FN)
NYSE:FN
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
2.6Last Year’s EPS
2.39Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 03, 2025
|% Change Since: 2.25%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflects strong business performance with record revenues and profits, significant growth in the telecom, automotive, and industrial laser segments, and strategic investments in future capacity. However, the call also highlights challenges in the datacom segment and gross margin pressure due to foreign exchange headwinds. The overall sentiment is positive, supported by multiple growth drivers and strategic initiatives.Company Guidance
During Fabrinet's second quarter fiscal year 2025 earnings call, the company reported record financial results, with revenue reaching $834 million, marking a 17% year-over-year increase and a 4% rise from the previous quarter. Non-GAAP earnings per share hit a record $2.61. The Optical Communications segment saw revenue of $647 million, up 14% from the prior year, with telecom revenue experiencing a remarkable 24% year-over-year growth. Non-Optical Communications revenue also rose significantly by 29%. Looking ahead, Fabrinet provided guidance for the third quarter, expecting revenue to range between $850 million and $870 million and anticipating EPS between $2.55 and $2.63. The company highlighted the construction of a new 2 million square foot facility to support future growth and announced an additional $100 million authorization for share repurchases.Record-Breaking Revenue and Profitability
Fabrinet achieved a record quarter for both revenue and profitability, with revenue reaching $834 million, representing a 17% increase from a year ago and a 4% increase from Q1. Non-GAAP earnings per share also hit a record of $2.61.
Telecom Revenue Growth
Telecom revenue increased 24% from a year ago and 17% sequentially, driven by demand for data center interconnect products and new telecom system wins.
Automotive and Industrial Laser Segments
Automotive revenue was up 32% from a year ago, and industrial laser revenue increased 24% year-over-year and 6% sequentially.
New Facility Expansion
Fabrinet broke ground on a new 2 million square foot facility at the Chonburi campus, which will increase total footprint by more than 50% to support future growth.
Share Repurchase Program
The company repurchased more than one-third of its $200 million authorized for share repurchases and authorized an additional $100 million for share buybacks.
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FN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 03, 2025 | $225.60 | $207.13 | -8.19% |
| Nov 04, 2024 | $239.61 | $230.23 | -3.91% |
| Aug 19, 2024 | $231.55 | $268.00 | +15.74% |
| May 06, 2024 | $188.83 | $209.31 | +10.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Fabrinet (FN) report earnings?
Fabrinet (FN) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Fabrinet (FN) earnings time?
Fabrinet (FN) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FN EPS forecast?
FN EPS forecast for the fiscal quarter 2025 (Q3) is 2.6.
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