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FN
NYSE Technology

Fabrinet Beats Q3 Revenue and Profit Estimates, Projects Strong Q4

feedReported by Reuters
Sentiment info
Positive
Importance info
8
Price
$630.58
Mkt Cap
$25.716B
52W Low
$193.54
52W High
$734.79
Market data snapshot near publication time

summarizeSummary

Fabrinet reported strong fiscal Q3 2026 results, surpassing analyst expectations for both revenue and adjusted earnings per share. The company posted Q3 revenue of $1.21 billion, beating the $1.18 billion consensus, and adjusted EPS of $3.72, exceeding the $3.56 estimate. This positive performance was attributed to ongoing programs and new customer agreements, particularly within the datacom market. Looking ahead, Fabrinet provided an optimistic Q4 revenue outlook of $1.25 billion to $1.29 billion and non-GAAP EPS guidance of $3.72 to $3.87, indicating continued momentum. This solid beat and positive guidance are likely to reinforce investor confidence and could lead to upward revisions in analyst models.

At the time of this announcement, FN was trading at $630.58 on NYSE in the Technology sector, with a market capitalization of approximately $25.7B. The 52-week trading range was $193.54 to $734.79. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.


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