financetom
Business
financetom
/
Business
/
Fabrinet Fiscal Q2 Non-GAAP Earnings, Revenue Increase; Q3 Guidance Set
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Fabrinet Fiscal Q2 Non-GAAP Earnings, Revenue Increase; Q3 Guidance Set
Feb 3, 2025 2:00 PM

04:31 PM EST, 02/03/2025 (MT Newswires) -- Fabrinet ( FN ) reported fiscal Q2 non-GAAP diluted earnings late Monday of $2.61, up from $2.08 a year earlier.

Analysts surveyed by FactSet expected $2.49.

Revenue for the quarter ended Dec. 27 was $833.6 million, up from $712.7 million a year earlier.

Analysts polled by FactSet expected $813.5 million.

The company said it expects fiscal Q3 non-GAAP diluted earnings of $2.55 to $2.63. Analysts surveyed by FactSet expect $2.55.

Fabrinet ( FN ) expects revenue for the quarter of $850 million to $870 million. Analysts polled by FactSet expect $825 million.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved