Why Fabrinet Stock Flopped Today

Motley Fool
2025.05.06 22:26
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Fabrinet's stock fell over 7% following its fiscal Q3 2025 earnings report, despite a 19% revenue increase to $871.8 million, surpassing analyst expectations. However, net income showed only marginal improvement, with adjusted earnings per share of $2.52, missing the $2.54 forecast. The company provided guidance for Q4, expecting revenue between $860 million and $900 million, indicating at least 14% year-over-year growth, with adjusted net income projected at $2.55 to $2.70.