U.S. markets open in 7 hours 7 minutes
  • S&P Futures

    3,757.75
    -7.75 (-0.21%)
     
  • Dow Futures

    30,830.00
    -48.00 (-0.16%)
     
  • Nasdaq Futures

    12,411.75
    -43.25 (-0.35%)
     
  • Russell 2000 Futures

    2,137.60
    -6.90 (-0.32%)
     
  • Crude Oil

    64.78
    +0.95 (+1.49%)
     
  • Gold

    1,695.60
    -5.10 (-0.30%)
     
  • Silver

    25.31
    -0.15 (-0.59%)
     
  • EUR/USD

    1.1959
    -0.0020 (-0.17%)
     
  • 10-Yr Bond

    1.5500
    0.0000 (0.00%)
     
  • Vix

    28.57
    +1.90 (+7.12%)
     
  • GBP/USD

    1.3883
    -0.0011 (-0.08%)
     
  • USD/JPY

    108.2770
    +0.3010 (+0.28%)
     
  • BTC-USD

    47,418.78
    -2,215.03 (-4.46%)
     
  • CMC Crypto 200

    948.82
    -38.39 (-3.89%)
     
  • FTSE 100

    6,650.88
    -24.59 (-0.37%)
     
  • Nikkei 225

    28,864.32
    -65.79 (-0.23%)
     

Recap: Fabrinet Q2 Earnings

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Fabrinet (NYSE:FN) rose 1.51% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 10.00% year over year to $1.10, which beat the estimate of $1.04.

Revenue of $453,827,000 higher by 6.48% year over year, which beat the estimate of $433,700,000.

Guidance

Fabrinet Sees Q3 Adj. EPS $1.10-$1.17 vs $1.05 Estimate, Sales $455M-$475M vs $440M Est.

How To Listen To The Conference Call

Date: Feb 01, 2021

Time: 05:00 PM

View more earnings on FN

ET Webcast URL: https://edge.media-server.com/mmc/p/2uuxgoyb

Technicals

Company's 52-week high was at $87.28

52-week low: $44.00

Price action over last quarter: Up 26.85%

Company Profile

Fabrinet is a United States-based company that is principally engaged in providing outsourced manufacturing services to original equipment manufacturers (OEM). These OEM customers are mainly companies in complex industries that require precision manufacturing capabilities. The company offers a wide range of optical and electro-mechanical manufacturing capabilities across the whole producing process. It helps its customers to manufacture various products, such as selective switching products, active optical cables, tunable transponders and transceivers, lasers, and sensors. The company generates the majority of revenue from North America and Asia-Pacific, with the rest from Europe.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.