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Fabrinet Fiscal Q3 Earnings, Revenue Rise; Q4 Outlook Set -- Shares Up
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Fabrinet Fiscal Q3 Earnings, Revenue Rise; Q4 Outlook Set -- Shares Up
May 6, 2024 2:37 PM

05:24 PM EDT, 05/06/2024 (MT Newswires) -- Fabrinet ( FN ) advanced 9% in extended hours on Monday after reporting fiscal Q3 non-GAAP earnings of $2.39 per diluted share, up from $1.94 a year earlier.

Analysts polled by Capital IQ expected $2.11.

Revenue for the quarter ended March 29 was $731.5 million, up from $665.3 million a year earlier.

Analysts expected $715.1 million.

For Q4, the optical packaging company expects non-GAAP EPS of $2.20 to $2.27 on revenue of $720 million to $740 million.

Analysts polled by Capital IQ are looking for $2.13 and $726.6 million, respectively.

Price: 206.15, Change: +17.32, Percent Change: +9.17

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