Fabrinet: Overview of Second Fiscal Quarter Results

Fabrinet Announces Strong Fiscal Q2 Results

Fabrinet, headquartered in Grand Cayman, Cayman Islands, revealed on Monday that it achieved a net profit of $112.6 million for its fiscal second quarter.

The company reported earnings of $3.11 per share, with adjusted earnings—excluding stock option expenses and one-time charges—coming in at $3.36 per share.

These results surpassed analysts’ expectations. According to a survey by Zacks Investment Research, the consensus estimate from three analysts was $3.26 per share.

Fabrinet, which specializes in assembling optical, electro-mechanical, and electronic products for other businesses, generated $1.13 billion in revenue during the quarter. This figure also exceeded projections, as analysts had anticipated $1.08 billion.

Outlook for the Next Quarter

Looking ahead to the quarter ending in March, Fabrinet anticipates earnings per share between $3.45 and $3.60.

The company also projects revenue for its fiscal third quarter to fall between $1.15 billion and $1.2 billion.