earnings
confidence high
sentiment positive
materiality 0.75
Fabrinet Q1 FY2022 revenue $543.3M (record), beats guidance; GAAP EPS $1.20, Non-GAAP $1.45
Fabrinet
2022-Q1 EPS reported
$1.20
revenue$543,322,000
- Revenue of $543.3M up 24.5% YoY; exceeded guidance range.
- GAAP net income $44.7M ($1.20 diluted EPS) vs $33.1M ($0.88) YoY.
- Non-GAAP net income $54.2M ($1.45 diluted EPS) vs $39.3M ($1.05) YoY.
- Q2 FY2022 guidance: revenue $540M-$560M; GAAP EPS $1.24-$1.31; Non-GAAP EPS $1.42-$1.49.
- CEO cites strong start, effective supply chain management reducing component shortage impact.