Fabrinet Announces Second Quarter Fiscal Year 2020 Financial Results

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Fabrinet (FN) Tops Q2 EPS by 7c, Revenues Beat; Offers Q3 EPS/Revenue Mid-Point Guidance Below Consensus

February 3, 2020 4:19 PM EST

Fabrinet (NYSE: FN) reported Q2 EPS of $1.00, $0.07 better than the analyst estimate of $0.93. Revenue for the quarter came in at $426.2 million versus the consensus estimate of $413.21 million.

Non-GAAP Results

Non-GAAP net income for the second quarter of fiscal year 2020 was $37.7 million, compared to non-GAAP net income of $36.5 million for the second quarter of fiscal year 2019. Non-GAAP net income for the second quarter of fiscal year 2020 included a foreign exchange loss of $1.0 million, or... More