Shares of Fabrinet (NYSE: FN) surged 8.35% in after-hours trading on Monday following the release of the company's stellar first-quarter fiscal 2026 financial results, which exceeded analyst expectations across key metrics.

The optical packaging and electronic manufacturing services provider reported adjusted earnings per share of $2.92, comfortably beating the consensus estimate of $2.82. Revenue for the quarter came in at $978 million, significantly surpassing analyst projections of $933.7 million. This strong top-line performance represents a substantial increase from the $804.23 million reported in the same quarter last year.

Adding to investor optimism, Fabrinet provided an upbeat outlook for the second quarter, projecting revenue between $1.05 billion and $1.1 billion. This guidance suggests continued momentum and growth for the company in the near term. The combination of better-than-expected results and positive forward-looking statements appears to be driving the strong after-hours rally in Fabrinet's stock price.