Fabrinet Provides Earnings Guidance for the Second Fiscal Quarter Ending December 29, 2023
November 06, 2023 at 04:15 pm EST
Share
Fabrinet provided earnings guidance for the second fiscal quarter ending December 29, 2023. For the quarter, the company expected revenue to be in the range of $680 million to $700 million. GAAP net income per diluted share is expected to be in the range of $1.78 to $1.85, based on approximately 36.5 million fully diluted shares outstanding.
Fabrinet is a provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products. The complex products include optical communication components, modules and subsystems, automotive components, medical devices, industrial lasers, and sensors. The Company offers a range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, advanced packaging, integration, final assembly, and testing. It focuses on production of high complexity products in any mix and any volume. The Company also designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components and substrates (customized optics) and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products (customized glass).
FABRINET 
