Fabrinet Posts Q3 Revenue Up Nearly 12% PDF Print E-mail
Written by Chelsey Drysdale   
Monday, 29 April 2013 16:06

BANGKOKFabrinet reported revenue of $155.6 million for the third quarter of fiscal 2013, up 11.9% year-over-year.

GAAP net income was $21.1 million, compared to a GAAP net loss of $46.3 million in the same period last year.

“Our customer relationships remain strong, and we continue to have success with new customers and new programs from existing customers. The net result is that we have continuing confidence in our ability to deliver profitable growth over the long-term,” said CEO Tom Mitchell.

Fabrinet expects fourth-quarter revenue of $148 million to $152 million.

The firm provides optical packaging and optical, electro-mechanical and electronic manufacturing services.

 

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