Fabrinet Q3 FY2024: record revenue $731.5M; GAAP EPS $2.21, non-GAAP $2.39; beats guidance

Fabrinet

2024-Q3 EPS reported $5.88 revenue$2,129,706,000

Revenue $731.5M, record, up ~10% YoY from $665.3M; GAAP net income $80.9M vs $59.4M.
Non-GAAP EPS $2.39, up from $1.94 YoY; GAAP EPS $2.21 vs $1.60.
Q4 guidance: revenue $720-740M, GAAP EPS $2.01-2.08, non-GAAP EPS $2.20-2.27.
Datacom revenue record; telecom revenue grew sequentially on datacenter interconnect products.
CEO expects continued strength in datacom and sequential growth in automotive in Q4.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Fabrinet reported third fiscal quarter ended March 29, 2024 results: revenue $731.5 million, net income $80.9 million, EPS $2.21.

Period: third fiscal quarter ended March 29, 2024
Revenue: $731.5 million
Net income: $80.9 million
EPS: $2.21
Result: reported results

Exact text from the filing

and further advance our leadership position.” Third Quarter Fiscal Year 2024 Financial Highlights GAAP Results • Revenue for the third quarter of fiscal year 2024 was $731.5 million, compared to $665.3 million for the third quarter of fiscal year 2023. • GAAP net income for the third quarter of fiscal year 2024 was $80.9 million, compared to $59.4 million

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Source: SEC EDGAR

accession 0001408710-24-000017

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