Fabrinet(US:FN)2022-01-31 23:21Financial Performance - Fabrinet achieved record Q2 revenue of $566.6 million, exceeding the guidance range[16] - Year-over-year revenue increased by 25% from $453.8 million in the previous year[15] - Non-GAAP gross profit was $70.8 million, resulting in a gross margin of 12.5%[15] - Non-GAAP operating profit reached $58.7 million, with an operating margin of 10.4%[15] - Non-GAAP net income was $56.2 million, leading to a diluted EPS of $1.50, which was above the guidance range[15, 16] Revenue Breakdown - Optical communications accounted for 80% of total revenue in F2Q22[22] - Non-optical communications represented 20% of total revenue in F2Q22[22] Balance Sheet - The company's cash, cash equivalents, including marketable securities and restricted cash, totaled $520.2 million[17] - Working capital stood at $478.4 million[17] - Total debt was $33.4 million[17] - Total shareholders' equity amounted to $1,199.2 million[17]