Fabrinet Q1 FY2023 revenue $655.4M (record), GAAP EPS $1.76 beat guidance; Q2 outlook $640-660M revenue

Fabrinet

2023-Q1 EPS reported $1.76 revenue$655,429,000

Record Q1 revenue $655.4M (+21% YoY); GAAP diluted EPS $1.76 vs $1.20 YoY.
Non-GAAP diluted EPS $1.97, above high-end of guidance; non-GAAP net income $72.4M.
Q2 FY2023 guidance: revenue $640-660M, GAAP EPS $1.67-$1.74, non-GAAP EPS $1.86-$1.93.
CEO cites strong execution, favorable FX tailwinds; optimistic for continued growth.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Fabrinet reported first quarter of fiscal year 2023 results: revenue $655.4 million, net income $64.6 million, EPS $1.76. Guidance initiated.

Period: first quarter of fiscal year 2023
Revenue: $655.4 million
Net income: $64.6 million
EPS: $1.76
Guidance: initiated
Result: reported results

Exact text from the filing

forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Fabrinet Announces First Quarter Fiscal Year 2023 Financial Results • Record First Quarter Revenue of $655.4 Million Exceeds Guidance • Record GAAP and Non-GAAP Net Income per Share Exceeds Guidance BANGKOK, Thailand – November 7, 2022 – Fabrinet (NYSE: FN), a leading provider of advanced

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Source: SEC EDGAR

accession 0001408710-22-000058

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