🟢 Fabrinet is trading 10.9% up in pre-market after earnings beat and above-expectation guidance

Fabrinet is trading at $349.00, up 10.90% in pre-market after beating analyst estimates and issuing guidance above expectations.

• November 2 results showed first-quarter revenue of $1.4745 billion and non-GAAP EPS of $4.34, beating analyst estimates.
• Fabrinet forecast second-quarter revenue of $1.6 billion to $1.65 billion and non-GAAP EPS of $4.77 to $4.92.
• Investing.com reported shares rose 11.8% following the announcement; the provided pre-market quote is 10.90% above the November 2 close.