BANGKOK – Fabrinet reported fiscal third quarter revenue of $564.4 million, up 17.8% year-over-year.

For the quarter ended Mar. 25, GAAP net income was $50.7 million, an increase of 35.2% compared to the same period last year.

“With strong execution, we delivered solid revenue and non-GAAP EPS that were within our guidance ranges in the third quarter,” said CEO Seamus Grady. “We are optimistic we can continue to effectively manage supply chain constraints amid growing demand to deliver strong fourth quarter results.”

For the fiscal fourth quarter ending June 24, Fabrinet guides for revenue in the range of $570 million to $590 million.