Fabrinet Announces Second Quarter Fiscal Year 2024 Financial Results

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Go back to Fabrinet Announces Second Quarter Fiscal Year 2024 Financial Results

Fabrinet (FN) shares plunge as Q3 guidance disappoints

February 6, 2024 10:33 AM EST

Fabrinet (NYSE: FN) shares plunged more than 23% Tuesday after the company's third-quarter guidance disappointed investors.

In the second quarter, the company posted earnings of $2.08 per share, $0.05 better than the analyst estimate of $2.03 per share. Revenue for the quarter came in at $712.7 million versus the consensus estimate of $696.32 million.

CEO Seamus Grady said the company's results represented record levels for revenue and net... More

Fabrinet (FN) Tops Q2 EPS by 5c, Offers Gudiance

February 5, 2024 4:20 PM EST

Fabrinet (NYSE: FN) reported Q2 EPS of $2.08, $0.05 better than the analyst estimate of $2.03. Revenue for the quarter came in at $712.7 million versus the consensus estimate of $696.32 million.

GUIDANCE:

Fabrinet sees Q3 2024 EPS of $2.08-$2.15, versus the consensus of $2.11. Fabrinet sees Q3... More