Fabrinet Announces Fourth Quarter and Fiscal-Year 2016 Financial Results

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Needham & Company Raises Price Target on Fabrinet (FN) Following 4Q

August 16, 2016 9:02 AM EDT

Needham & Company reiterated a Buy rating on Fabrinet (NYSE: FN), and raised the price target to $54.00 (from $48.00), following the company's 4Q earnings report. Overall revenues came in at $276MM, up 37%. Guidance calls for $306-310MM, with $22MM from extra week as the September quarter has 14... More

Fabrinet (FN) Reports In-Line Q4 EPS

August 15, 2016 4:22 PM EDT

Fabrinet (NYSE: FN) reported Q4 EPS of $0.60, in-line with the analyst estimate of $0.60. Revenue for the quarter came in at $276.4 million versus the consensus estimate of $262.95 million.

GUIDANCE:

Fabrinet sees Q1 2017 EPS of $0.70-$0.72, versus the consensus of $0.60. Fabrinet sees Q1... More