Nolan’s Notes: Moving Forward With Confidence
The Knowledge Base: Beyond the Badge—Why Membership Matters More Than Ever
Smart Automation: AI—Revolutionizing Inspection in Electronics Manufacturing
Fabrinet Announces Q3 Fiscal Year 2025 Financial Results
May 12, 2025 | FabrinetEstimated reading time: 1 minute
Fabrinet, a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, announced its financial results for its third fiscal quarter ended March 28, 2025.
Seamus Grady, Chief Executive Officer of Fabrinet, said, “We had a very strong third quarter with revenue of $872 million dollars, which was above our guidance range. We delivered another strong telecom performance with growth that more than offset an anticipated sequential decline in datacom revenue. Our team continued to execute very well, producing non-GAAP EPS that also exceeded our guidance. Looking ahead, we remain optimistic and confident in our ability to deliver strong execution in the fourth quarter and into fiscal 2026.”
Third Quarter Fiscal Year 2025 Financial Highlights
GAAP Results
- Revenue for the third quarter of fiscal year 2025 was $871.8 million, compared to $731.5 million for the third quarter of fiscal year 2024.
- GAAP net income for the third quarter of fiscal year 2025 was $81.3 million, compared to $80.9 million for the third quarter of fiscal year 2024.
- GAAP net income per diluted share for the third quarter of fiscal year 2025 was $2.25, compared to $2.21 for the third quarter of fiscal year 2024.
Non-GAAP Results
- Non-GAAP net income for the third quarter of fiscal year 2025 was $91.2 million, compared to $87.7 million for the third quarter of fiscal year 2024.
- Non-GAAP net income per diluted share for the third quarter of fiscal year 2025 was $2.52, compared to $2.39 for the third quarter of fiscal year 2024.
Business Outlook
- Based on information available as of May 5, 2025, Fabrinet is issuing guidance for its fourth fiscal quarter ending June 27, 2025, as follows:
- Fabrinet expects fourth quarter revenue to be in the range of $860 million to $900 million.
- GAAP net income per diluted share is expected to be in the range of $2.32 to $2.47, based on approximately 36.3 million fully diluted shares outstanding.
- Non-GAAP net income per diluted share is expected to be in the range of $2.55 to $2.70, based on approximately 36.3 million fully diluted shares outstanding.
Share on:
Suggested Items
Siemens Announces PAVE360 Support for New Arm Zena Compute Subsystems
06/04/2025 | Siemens Digital Industries SoftwareSiemens Digital Industries Software announced today that it is expanding its longstanding relationship with Arm and adding support for the newly launched Arm® Zena™ Compute Subsystems (CSS) in its PAVE360™ software, designed for software-defined vehicles (SDV).
IPC Releases Latest Standards and Revisions Updates
06/05/2025 | IPCEach quarter, IPC releases a list of standards that are new or have been updated. To view a complete list of newly published standards and standards revisions, translations, proposed standards for ballot, final drafts for industry review, working drafts, and project approvals, visit ipc.org/status. These are the latest releases for Q1 2025.
Datest Receives Its 16th AS9100D Recertification Audit
06/03/2025 | DatestDatest, a trusted leader in advanced testing, engineering, inspection, and failure analysis services, proudly announces sixteen straight years of aerospace-grade perfection. Cue the confetti cannons (ESD-safe, of course).
Elma Electronic Bolsters Quality Management Company-wide with Added AS9100:D and ISO9001:2015 Certifications
06/02/2025 | Elma ElectronicElma Electronic now includes AS9100:D and ISO 9001:2015 certifications at its Horsham, Pa. manufacturing facility, earning the company a multiple site accreditation designation.
Maxar Space Systems Selected to Build High-Power EchoStar XXVI Satellite Share
06/02/2025 | BUSINESS WIREMaxar Space Systems, a trusted partner in satellite design and manufacturing, today announced it has been awarded a contract by EchoStar Corporation to manufacture EchoStar XXVI, a high-power geostationary communications satellite based on the Maxar 1300™ platform.