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Last €17.39 EUR
Change Today +0.273 / 1.60%
Volume 0.0
FAN On Other Exchanges
Symbol
Exchange
New York
As of 1:56 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

fabrinet (FAN) Snapshot

Open
€17.28
Previous Close
€17.11
Day High
€17.39
Day Low
€17.17
52 Week High
03/23/15 - €17.97
52 Week Low
08/18/14 - €10.30
Market Cap
615.4M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
35.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FABRINET (FAN)

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fabrinet (FAN) Details

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of optical communication components, modules and sub-systems, and industrial lasers and sensors. It offers a range of optical and electro-mechanical capabilities across the manufacturing process, including process design and engineering, supply chain management, manufacturing, packaging, integration, final assembly, and test. The company’s products comprise selective switching products, such as reconfigurable optical add-drop modules, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications signals through fiber traffic at various wavelengths and over various distances; tunable transponders and transceivers; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. It also offers solid state, diode-pumped, gas, and fiber lasers used across various industries, including semiconductor processing, biotechnology, metrology, and material processing; and sensors, such as differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. In addition, the company designs and fabricates application-specific crystals, prisms, mirrors, and laser components and substrates, as well as other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It operates in North America, the Asia-Pacific, and Europe. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.

6,342 Employees
Last Reported Date: 10/16/14
Founded in 1999

fabrinet (FAN) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $650.0K
President, Chief Operating Officer, President...
Total Annual Compensation: $625.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $408.3K
Chief Strategy Officer and Executive Vice Pre...
Total Annual Compensation: $375.0K
Compensation as of Fiscal Year 2014.

fabrinet (FAN) Key Developments

Fabrinet Enters into Second Amendment to Credit Agreement

On February 26, 2015, Fabrinet entered into the Second Amendment to Credit Agreement which amends that certain Credit Agreement, dated as of May 22, 2014, among Fabrinet, certain of its subsidiaries from time to time party thereto as guarantors, the lenders from time to time party thereto and Bank of America, N.A., as administrative agent for the lenders. Among other things, the Amendment amends the Credit Agreement to (i) extend the availability period for draws on the term loan facility from May 21, 2015 to July 31, 2015 and (ii) allow Fabrinet, upon the satisfaction of certain conditions, to designate from time to time one or more of its subsidiaries as borrowers under the Credit Agreement.

Fabrinet Reports Earnings Results for the Second Quarter and Six Months Ended December 26, 2014; Provides Earnings Guidance for Third Quarter of Fiscal 2015

Fabrinet reported earnings results for the second quarter and six months ended December 26, 2014. The company has reported that net income for the second quarter ended December 26, 2014 was $8.73 million, or $0.24 per diluted share, compared to $14.54 million, or $0.41 per diluted share, for the same quarter ended December 27, 2013. Revenues for the second quarter ended December 26, 2014 were $188.35 million, compared to $178.56 million for the same quarter ended December 27, 2013. Net income for the six months ended December 26, 2014 was $19.76 million, or $0.55 per diluted share, compared to $33.74 million, or $0.95 per diluted share, for the same period ended December 27, 2013. Revenues for the six months ended December 26, 2014 were $377.68 million, compared to $350.11 million for the same period ended December 27, 2013. For the third quarter of fiscal 2015, the company expects revenue to be in the range of $181 million to $185 million. For the third quarter of fiscal 2015, the company expects GAAP net income per share to be in the range of $0.27 to $0.29 and non-GAAP net income per share to be in the range of $0.33 to $0.35.

Fabrinet Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 26, 2014; Provides Earnings Guidance for the Third Quarter of 2015

Fabrinet announced unaudited consolidated earnings results for the second quarter and six months ended December 26, 2014. For the quarter, the company reported that GAAP net income fell to $8.7 million, or $0.24 per diluted share from $14.5 million, or $0.41 per diluted share, in the year-earlier period. The company reported total revenue of $188.4 million, an increase of 5.5% compared to total revenue of $178.6 million for the comparable period in fiscal 2014. Non-GAAP net income was $14.4 million, or $0.40 per diluted share, a decrease of 10.0% compared to $16.0 million, or $0.45 per diluted share, in the same period a year ago. Operating income was $9,594,000 compared with $13,617,000 a year ago. Income before income taxes was $9,750,000 compared with $13,166,000 a year ago. For the six months, the company's revenues were $377,678,000 compared with $350,113,000 a year ago. Operating income was $21,363,000 compared with $32,165,000 a year ago. Income before income taxes was $21,757,000 compared with $33,144,000 a year ago. Net income was $19,762,000 or $0.55 per diluted share compared with $33,736,000 or $0.95 per diluted share a year ago. Net cash provided by operating activities was $30,601,000 compared with $36,804,000 a year ago. Purchase of property, plant and equipment was $5,372,000 compared with $4,198,000 a year ago. Non-GAAP net income in the period was $28,853,000, or $0.81 per diluted share, compared to $30,199,000, or $0.85 per diluted share, in the same period a year ago. The company provided earnings guidance for the third quarter of 2015. The company expects revenue to be in the range of $181 million to $185 million and GAAP net income per share is expected to be in the range of $0.27 to $0.29 with expected non-GAAP net income per share of $0.33 to $0.35. The company is forecasting a slight sequential increase in gross margin. The company anticipates that the effective tax rate will continue to be in the range of 6% to 7% moving forward until building 6 is substantially occupied.

 

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FAN

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Valuation FAN Industry Range
Price/Earnings 8.7x
Price/Sales 0.9x
Price/Book 1.5x
Price/Cash Flow 8.6x
TEV/Sales 0.6x
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