Fabrinet: Fiscal Q4 Earnings Snapshot
Fabrinet topped estimates with $4.10 a share on $1.32 billion in revenue and forecast another quarter of growth above analyst targets.
9 Articles
9 Articles
Fabrinet Drops After Earnings Dragging Down Peers Like Marvell and Amphenol
The post Fabrinet Drops After Earnings Dragging Down Peers Like Marvell and Amphenol appeared first on 24/7 Wall St.. Shares of Fabrinet (NYSE:FN) are down roughly 20% at midday Tuesday, trading near $476 after the optical manufacturer posted a fiscal Q4 beat but disappointed a market already primed to sell AI infrastructure names. The move is dragging the whole optical and connectivity complex lower. Marvell Technology (NASDAQ:MRVL) is off near…
Fabrinet revenue jumps 45%, but expansion spending leaves free cash flow near zero
Fabrinet reported record quarterly revenue of $1.316 billion and a 60% increase in GAAP net income, but its cash flow tells a more complicated story. Inventory, customer receivables and capital spending absorbed enough cash to reduce full-year free cash flow from $207.3 million to $4.2 million. The advanced manufacturer’s revenue rose 45% in the fourth quarter ended June 26, 2026, from $909.7 million a year earlier. GAAP net income increased to …
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