In today’s briefing:
- Fabrinet: Why We Are Pessimistic Despite The Rapid Growth in Datacom Driven by AI Applications! – Major Drivers
Fabrinet: Why We Are Pessimistic Despite The Rapid Growth in Datacom Driven by AI Applications! – Major Drivers
- Fabrinet Q3 of Fiscal Year 2024 reflects a robust performance exceeding its own forecasts with a notable increase in revenue and earnings per share (EPS).
- The company reported a record revenue of $731.5 million, representing a 10% year-over-year growth and a 3% sequential increase from the previous quarter.
- Non-GAAP EPS was also impressive at $2.39, marking a significant rise from previous periods and exceeding the guidance provided by the company.
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