---
schema_version: "secwatch.filing_event.v1"
accession: "0001408710-23-000026"
form_type: "8-K"
ticker: "FN"
cik: "0001408710"
company_name: "Fabrinet"
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:05:05.806370+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fabrinet beats Q4 guidance; FY2023 record revenue $2.65B; expands buyback

## Summary
- Q4 FY2023 revenue $655.9M, up 11.6% YoY; GAAP EPS $1.65, non-GAAP EPS $1.86, above guidance.
- FY2023 revenue $2.65B (record), GAAP net income $247.9M; non-GAAP EPS $7.67, up 25% YoY.
- Datacom revenue driven by new AI products; offset customer inventory adjustments.
- Q1 FY2024 guidance: rev $650-670M, non-GAAP EPS $1.83-1.90, extending growth trajectory.
- Board expands repurchase program by $47.6M to $294.8M total authorization; $100M remaining.

## SEC filing metadata
- accession: 0001408710-23-000026
- form_type: 8-K
- ticker: FN
- cik: 0001408710
- company_name: Fabrinet
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408710/000140871023000026/0001408710-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408710/000140871023000026/fn-20230815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408710-23-000026
- JSON: https://secwatch.observer/filing/0001408710-23-000026.json
- Plain text: https://secwatch.observer/filing/0001408710-23-000026.txt

## Key facts
- Earnings Releases
  Fabrinet reported fourth quarter and fiscal year ended June 30, 2023 results: revenue $655.9 million, net income $60.8 million, EPS $1.65.
  - Period: fourth quarter and fiscal year ended June 30, 2023
  - Revenue: $655.9 million
  - Net income: $60.8 million
  - EPS: $1.65
  - Result: reported results
  source text: Revenue for the fourth quarter of fiscal year 2023 was $655.9 million, compared to $587.9 million for the fourth quarter of fiscal year 2022. • GAAP net income for the fourth quarter of fiscal year 2023 was $60.8 million, compared to $56.2 million for the fourth quarter of fiscal year 2022. • GAAP net income per diluted share for the fourth quarter of fiscal year 2023 was $1.65, compared to $1.51 for the fourth quarter of fiscal year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1408710/000140871023000026/0001408710-23-000026-index.htm
- Earnings Releases
  Fabrinet reported fiscal year ended June 30, 2023 results: revenue $2.65 billion, net income $247.9 million, EPS $6.73.
  - Period: fiscal year ended June 30, 2023
  - Revenue: $2.65 billion
  - Net income: $247.9 million
  - EPS: $6.73
  - Result: reported results
  source text: Revenue for fiscal year 2023 was $2.65 billion, compared to $2.26 billion for fiscal year 2022. • GAAP net income for fiscal year 2023 was $247.9 million, compared to $200.4 million for fiscal year 2022. • GAAP net income per diluted share for fiscal year 2023 was $6.73, compared to $5.36 for fiscal year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1408710/000140871023000026/0001408710-23-000026-index.htm
- Earnings Releases
  Fabrinet reported first fiscal quarter ending September 29, 2023 results: revenue $650 million to $670 million, EPS $1.60 to $1.67. Guidance initiated.
  - Period: first fiscal quarter ending September 29, 2023
  - Revenue: $650 million to $670 million
  - EPS: $1.60 to $1.67
  - Guidance: initiated
  - Result: guidance update
  source text: Fabrinet expects first quarter revenue to be in the range of $650 million to $670 million. • GAAP net income per diluted share is expected to be in the range of $1.60 to $1.67, based on approximately 36.5 million fully diluted shares outstanding.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1408710/000140871023000026/0001408710-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.