earnings
confidence high
sentiment positive
materiality 0.80
Fabrinet Q4 revenue $587.9M record; EPS beats; Q1 guidance $620-640M; share buyback expanded
Fabrinet
2022-FY EPS reported
$5.36
revenue$2,262,224,000
- Q4 FY2022 revenue $587.9M (+15% YoY); GAAP EPS $1.51, Non-GAAP EPS $1.68, both above guidance.
- FY2022 revenue $2.26B (+20% YoY); GAAP net income $200.4M, Non-GAAP net income $229.2M.
- Q1 FY2023 guidance: revenue $620-640M, GAAP EPS $1.51-1.58, Non-GAAP EPS $1.72-1.79.
- Board authorized additional $78.7M share repurchase; total program $247.2M with $100M remaining.
- CEO salary raised 12.2% to $1.15M; CFO salary up 15% to $575K; FY2023 bonus targets set.