Fabrinet up after upbeat first-quarter forecast, fourth-quarter revenue beat

Fabrinet

19/08/2024 21:37

** Shares of optical equipment maker Fabrinet  FN.N  up 9%
to $252 in after-hours trading
    ** Company expects Q1 revenue in the range of $760 mln to
$780 mln, above analysts' est. of $749.2 mln - LSEG data; adj.
EPS in the range of $2.33 to $2.40
    ** Fabrinet reports revenue of $753.3 mln for Q4 ended June
28, beating expectations of $732.9 mln; adj. EPS of $2.41 vs
$1.86 last year
    ** FN is up 21.7% YTD

 (Reporting by Juby Babu in Mexico City)
 ((Juby.Babu@thomsonreuters.com;))