BANGKOK -- Fabrinet reported September quarter GAAP net income  was $15.2 million, up 146% from last year.

The electronics manufacturing services provider said revenue rose 79% from a year ago to $173.7 million for its first fiscal quarter, despite component shortages that have plagued the entire supply chain. The mark set a company record.

Chief executive Tom Mitchell said, "We are pleased to have achieved record revenues in the first quarter and continued our long history of profitability. The strong revenue and earnings performance was above expectations, despite component shortages which limited our production capacity. We saw strength in all product areas, with growth from lasers and sensors above our overall growth rate. "

Fabrinet guided for fiscal second quarter revenue of $170 million to $175 million.

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