Fabrinet Announces Fourth Quarter and Fiscal-Year 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Needham & Company Raises Price Target on Fabrinet (FN) Following 4Q
August 16, 2016 9:02 AM EDTNeedham & 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 EDTFabrinet (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

