In today’s briefing:
- Fabrinet (FN): A Bear’s Perspective! – Major Drivers
Fabrinet (FN): A Bear’s Perspective! – Major Drivers
- Fabrinet concluded the fiscal year 2024 on a strong note with record revenue and earnings per share, reflecting robust execution across its business segments.
- For the fourth quarter, the company posted revenue of $753 million, exceeding its guidance and marking a 15% year-over-year increase and a 3% increase sequentially.
- Non GAAP earnings per share for the quarter came in at $2.41, also surpassing the projected range.
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