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The Zacks Electronics - Miscellaneous Components industry players like BWXT, FN and OSIS are benefiting from the solid adoption of AI and the democratization of IoT.

BANGKOK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today published its Corporate Responsibility Report for the fiscal year ended June 28, 2024. The report details Fabrinet's progress on key issues including employee development, community engagement, supply chain responsibility, environmental stewardship, and cyber security.

Here is how Fabrinet (FN) and Hewlett Packard Enterprise (HPE) have performed compared to their sector so far this year.

Tuesday featured quite a memorable trading session for Fabrinet (FN 7.97%) stock. Shares of the optics equipment specialist added 8% to their value, on the back of a bullish initiation of coverage by an analyst.

The Fabrinet stock has struggled to make any headway over the past year, and the Q2 results which came out last week failed to lift sentiment. We cover some of the major sub-plots of the earnings event and ascertain why weakness has persisted despite a strong beat and a lift in guidance at the headline level. On a forward P/E basis, Fabrinet is still priced at a slight premium to its historical average, but that premium can be mitigated by the sturdy earnings growth on offer.

Fabrinet (FN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Fabrinet FN reported upbeat second-quarter results on Monday.

The headline numbers for Fabrinet (FN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Fabrinet (NYSE:FN ) Q2 2025 Earnings Conference Call February 9, 2025 5:00 PM ET Company Participants Garo Toomajanian - Vice President, Investor Relations Seamus Grady - Chief Executive Officer Csaba Sverha - Chief Financial Officer Conference Call Participants Karl Ackerman - BNP Paribas Samik Chatterjee - JPMorgan George Notter - Jefferies Ryan Koontz - Needham George Wang - Barclays Tim Savageaux - Northland Capital Markets Mike Genovese - Rosenblatt Securities Operator Good afternoon. Welcome to Fabrinet's Financial Results Conference Call for the Second Quarter of Fiscal Year 2025.

Fabrinet (FN) came out with quarterly earnings of $2.61 per share, beating the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.08 per share a year ago.