Fabrinet Announces Second Quarter Fiscal Year 2021 Financial Results
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Fabrinet (FN) PT Raised to $100 at Needham & Company
February 2, 2021 6:11 AM ESTNeedham & Company analyst Alex Henderson raised the price target on Fabrinet (NYSE: FN) to $100.00 (from $85.00) while maintaining a Buy rating.
The analyst comments "Fabrinet posted a strong quarter, noted improving conditions across a number of lines, offered strong above Street guidance, and... More
Fabrinet (FN) Tops Q2 EPS by 6c, Revenues Beat; Offers 3Q EPS Guidance Above Consensus
February 1, 2021 4:18 PM ESTFabrinet (NYSE: FN) reported Q2 EPS of $1.10, $0.06 better than the analyst estimate of $1.04. Revenue for the quarter came in at $453.8 million versus the consensus estimate of $433.7 million.
Seamus Grady, Chief Executive Officer of Fabrinet, said, We delivered record revenue and profitability that exceeded our guidance... More
