Fabrinet Reports Record Quarterly Results as Data Center Demand Surges
Fabrinet reported record quarterly results that exceeded expectations, with strong demand from data center customers contributing to the performance. Its shares rose in late Monday trading.
By Janet H. ChoFabrinet shares were up in late Monday trading after the supplier of components for data centers and other industrial markets reported higher-than-expected record quarterly results.Surging demand from its data center customers contributed to its robust results. CEO Seamus Grady said…