BANGKOK – Fabrinet reported $668.7 million in revenue for the second quarter of its fiscal year, an increase of 18% compared to the $566.6 million for the same quarter last year.

Looking to the next quarter, the company expects revenue to be in the range of $640 million to $660 million.

"We delivered strong second quarter results with revenue that exceeded our guidance range, and record operating margins," said Fabrinet CEO Seamus Grady. We continue to effectively manage through a dynamic supply environment with component availability improving for some products, but tightening for others. Positive longer-term supply and demand trends, combined with our demonstrated track record of solid execution gives us confidence that we can continue to deliver strong financial results."