🔴 Fabrinet is trading 8.64% down in pre-market today amid concerns over a surprise cash-flow dip

Fabrinet is trading 8.64% down at $546.88 after its August 17 earnings release prompted an after-hours selloff despite strong results.

• Revenue reached $1.316 billion and non-GAAP EPS was $4.10, beating estimates; Q1 fiscal 2027 guidance exceeded consensus.
• Shares closed up 4.97% at $598.58 on August 17 before falling 6.92% after hours amid capacity-investment and cash-flow concerns, despite strong AI-driven demand.
• Fabrinet is scheduled to present at the Rosenblatt AI Technology Summit on August 18.