Fabrinet — First Quarter Fiscal Year 2027 Earnings Summary

Fabrinet reported record first-quarter fiscal 2027 revenue of $1.4745 billion, representing a 51% increase from the prior year, alongside GAAP net income of $103.5 million and non-GAAP net income of $157.4 million. The company's Board of Directors approved an expansion of its share repurchase program, adding $103 million to the existing authorization for a total of $637.3 million. Looking ahead to the second quarter ending December 25, 2026, Fabrinet forecasts revenue between $1.6 billion and $1.65 billion, with non-GAAP net income per diluted share expected to range from $4.77 to $4.92.