Overview
Optical manufacturing firm's fiscal Q3 revenue rose, beating analyst expectations
Adjusted EPS for fiscal Q3 beat analyst expectations
Company says growth supported by ongoing programs and new customer agreements in datacom market
Outlook
Fabrinet expects Q4 revenue between $1.25 bln and $1.29 bln
Company sees Q4 GAAP EPS of $3.48 to $3.63
Company expects Q4 non-GAAP EPS of $3.72 to $3.87
Result Drivers
ONGOING AND RAMPING PROGRAMS - Co said growth was supported by numerous ongoing and ramping programs
NEW CUSTOMER AGREEMENTS - Co said several new customer agreements, particularly in the datacom market, are expected to strengthen growth
Company press release: ID:nGNX3cVn4H
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.21 bln
$1.18 bln (9 Analysts)
Q3 Adjusted EPS
Beat
$3.72
$3.56 (8 Analysts)
Q3 EPS
$3.45
Q3 Adjusted Net Income
Beat
$134.90 mln
$129.57 mln (6 Analysts)
Q3 Net Income
$125.20 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)