Fabrinet Issues Q2 2013 Guidance; Revenue Guidance Above Analysts' Estimates

Fabrinet announced that for the second quarter of 2013, it expects revenue to be in the range of $159 million to $163 million. GAAP net income per share is expected to be in the range of $0.32 to $0.34 with expected non-GAAP net income per share of $0.35 to $0.37, based on approximately 35 million fully diluted shares outstanding. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $158 million and EPS of $0.35 for the second quarter of 2013.