Benzinga | Aug 16, 2021 04:17PM EDT

Fabrinet Sees Q1 Adj. EPS $1.29-$1.36 vs $1.21 Est., Sales $510M-$530M vs $491.53M Est.

Business Outlook

Based on information available as of August 16, 2021, Fabrinet is issuing guidance for its first fiscal year 2022 quarter ending September 24, 2021, as follows:

* Fabrinet expects first quarter revenue to be in the range of $510 million to $530 million.

* GAAP net income per diluted share is expected to be in the range of $1.08 to $1.15, based on approximately 37.5 million fully diluted shares outstanding.

* Non-GAAP net income per diluted share is expected to be in the range of $1.29 to $1.36, based on approximately 37.5 million fully diluted shares outstanding.