secwatch.observer — SEC 8-K summary
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Issuer:     Fabrinet (FN)
CIK:        0001408710
Form:       8-K
Filed at:   2021-08-16T23:59:59+00:00
Accession:  0001408710-21-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fabrinet Q4 revenue $509.6M beats guidance; record FY2021; guides Q1 revenue $510-530M
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- Q4 revenue $509.6M (guidance $500-520M); GAAP EPS $1.13, Non-GAAP EPS $1.31, above prior guidance.
- FY2021 record revenue $1.879B, up 14.5% YoY; GAAP net income $148.3M, Non-GAAP $175.5M.
- Q1 FY2022 guidance: revenue $510-530M, GAAP EPS $1.08-1.15, Non-GAAP EPS $1.29-1.36.
- Compensation committee approved FY2022 cash bonus plan, salary increases (CEO +19.2% to $1.025M), and equity grants for NEOs.
- Adopted Executive Change in Control and Severance Plan for CFO and EVP Sales; provides 100% base salary and bonus upon qualifying termination within change-in-control period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408710/000140871021000031/0001408710-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408710/000140871021000031/fn-20210810.htm
  HTML page:      https://secwatch.observer/filing/0001408710-21-000031

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