Fabrinet (FN) Growth Accelerating on Optical Upgrades - PiperJaffray

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Needham & Company Raises Price Target on Fabrinet (FN) to $32 Post 4Q Beat and Raise

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

Fabrinet (FN) Tops Q2 EPS by 4c, Q3 Guidance Tops Views

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