Fabrinet reports 1Q revenue of $1.47B

Fabrinet reported first-quarter fiscal 2027 revenue of $1.47 billion, up 51% from a year earlier, and non-GAAP diluted EPS of $4.34. GAAP net income was $103.5 million, while non-GAAP net income was $157.4 million. The company forecast second-quarter revenue of $1.6 billion to $1.65 billion.Financi…