Fabrinet Announces Fourth Quarter and Fiscal Year 2022 Financial Results

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Fabrinet (FN) PT Raised to $135 at Needham & Company Following 'Solid' EPS

August 16, 2022 6:44 AM EDT

Needham & Company analyst Alex Henderson raised the price target on Fabrinet (NYSE: FN) to $135.00 (from $130.00) while maintaining a Buy rating following a "solid" earnings print and guidance supported by large customer backlogs improving supply.

The analyst commented, "How does that expression go?... More

Fabrinet (FN) Tops Q4 EPS by 14c

August 15, 2022 4:22 PM EDT

Fabrinet (NYSE: FN) reported Q4 EPS of $1.68, $0.14 better than the analyst estimate of $1.54. Revenue for the quarter came in at $587.9 million versus the consensus estimate of $581.48 million.

GUIDANCE:

Fabrinet sees Q1 2023 EPS of $1.72-$1.79, versus the consensus of $1.56. Fabrinet sees Q1... More