secwatch.observer — SEC 8-K summary
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Issuer:     Fabrinet (FN)
CIK:        0001408710
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001408710-24-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Record Q1 revenue $804M (+17% YoY), GAAP EPS $2.13, non-GAAP $2.39; Q2 guidance $800-820M
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- Revenue of $804.2M (record) exceeded guidance, up 17% YoY from $685.5M.
- GAAP diluted EPS $2.13 vs $1.78 YoY; non-GAAP diluted EPS $2.39 vs $2.00 YoY.
- Q2 FY2025 guidance: revenue $800-820M, GAAP EPS $2.20-$2.28, non-GAAP EPS $2.44-$2.52.
- CEO cites strong momentum across all product areas, including first telecom revenue growth in several quarters.
- Net income $77.4M GAAP ($86.9M non-GAAP) vs $65.1M ($72.8M) a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408710/000140871024000038/0001408710-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408710/000140871024000038/fn-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001408710-24-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer