caLogo

BANGKOK – Fabrinet reported total fiscal fourth quarter 2015 revenue of $206.5 million, up 29% year-over-year, the firm’s highest quarterly revenue to date. GAAP net income for the period was $13 million, up 26.2% compared to 2014.

For the fiscal year ended June 26, Fabrinet reported total revenue of $773.6 million, up 14% year-over-year. GAAP net income was $43.6 million, down 52.5% compared to fiscal 2014.

“We ended fiscal 2015 on a strong note, with record revenue and growth across all our market segments,” said CEO Tom Mitchell. “As we start fiscal 2016, I am confident our initiatives to expand our new product introduction and advanced packaging capabilities, combined with our focus on total customer satisfaction and world-class quality, will enable us to deliver another year of profitable growth in fiscal 2016.”

Fabrinet expects fiscal first quarter 2016 revenue in the range of $206 million to $210 million.

The company provides advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services.

 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account