Fabrinet Q3 Profit Rises

Fabrinet

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(RTTNews) - Fabrinet (FN) released earnings for its third quarter that Increases, from the same period last year

The company's bottom line came in at $125.21 million, or $3.45 per share. This compares with $81.29 million, or $2.25 per share, last year.

Excluding items, Fabrinet reported adjusted earnings of $134.86 million or $3.72 per share for the period.

The company's revenue for the period rose 38.8% to $1.21 billion from $871.79 million last year.

Fabrinet earnings at a glance (GAAP) :

-Earnings: $125.21 Mln. vs. $81.29 Mln. last year. -EPS: $3.45 vs. $2.25 last year. -Revenue: $1.21 Bln vs. $871.79 Mln last year.

-Guidance: Next quarter EPS guidance: $ 3.72 To $ 3.87 Next quarter revenue guidance: $ 1.25 B To $ 1.29 B