Fabrinet Sets $1.6 Billion to $1.65 Billion Q2 Revenue Outlook After Record Q1 Revenue

Fabrinet posted record first-quarter revenue of $1.4745 billion and forecast as much as $1.65 billion for the next quarter, while authorizing up to $103 million for additional share purchases. Revenue for the fiscal quarter ended Sept. 25, 2026, rose 51% from $978.1 million in the year-earlier period. The result was $49.5 million above the top of Fabrinet’s August projection, which called for revenue of $1.375 billion to $1.425 billion. The company identified the revenue figure as a quarterly record. Non-GAAP diluted earnings reached $4.34 per share, compared with $2.92 a year earlier.

Source: TokenPost