Fabrinet Announces Second Quarter Fiscal-Year 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
Go back to Fabrinet Announces Second Quarter Fiscal-Year 2016 Financial Results
February 2, 2016 8:36 AM EST
Piper Jaffray analyst, Troy Jensen, thinks that the theme of growth in optical communications (driven by 100G Datacom and telecom upgrades) is showing signs of significant acceleration after Fabrinet's (NYSE: FN) earnings results. No change to Overweight rating but the price target increases to $33 from $29.
Fabrinet reported an outstanding quarter with revenues, margins and EPS all coming in above consensus estimates,... More
February 2, 2016 6:53 AM EST
Needham & Company reiterated a Buy rating on Fabrinet (NYSE: FN), and raised the price target to $32.00 (from $28.00), following the company's 4Q earnings report. Overall Revenues came in up 24% as Reported and 29% excluding One-Time Consignment Revenues in the year-ago period. For the March quarter, Fabrinet... More
February 1, 2016 4:21 PM EST
Fabrinet (NYSE: FN) reported Q2 EPS of $0.50, $0.04 better than the analyst estimate of $0.46. Revenue for the quarter came in at $233 million versus the consensus estimate of $220.75 million.
GUIDANCE:
Fabrinet sees Q3 2016 EPS of $0.52-$0.54, versus the consensus of $0.45. Fabrinet sees Q3... More
