Fabrinet Q3 Earnings, Revenue Rise; Sets Q4 Guidance

MT Newswires Live
06 May

Fabrinet (FN) reported fiscal Q3 non-GAAP earnings late Monday of $2.52 per diluted share, up from $2.39 a year earlier.

Analysts polled by FactSet expected $2.50.

Revenue for the quarter ended March 28 was $871.8 million, up from $731.5 million a year earlier.

Analysts surveyed by FactSet expected $855.7 million.

The company said it expects fiscal Q4 non-GAAP EPS of $2.55 to $2.70 on revenue of $860 million to $900 million. Analysts expected EPS of $2.68 on revenue of $886 million.

Shares were down over 9% in after-hours trading.

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