BANGKOK – Fabrinet announced $731.5 million in revenue for the third quarter of its fiscal year, up 10% over the third quarter of fiscal year 2023.

"We delivered strong results in the quarter, exceeding both our revenue and EPS guidance," said CEO Seamus Grady. "Our results were driven by record datacom revenue from continued demand for high-data-rate products, and sequential growth in telecom revenue, primarily from datacenter interconnect products. Looking to the fourth quarter, we anticipate continued strength in datacom and sequential growth in automotive. Despite ongoing inventory absorption of traditional telecom products, we remain well-positioned to deliver another strong overall performance and further advance our leadership position."

The company said it expects fourth quarter revenue to be in the range of $720 million to $740 million.

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