- The company is a leading contract manufacturer and well placed to benefit from the optical communications build-out.
- However, temporary headwinds from industrial lasers and Huawei will lead to a couple of softer quarters.
- A solid market position, good cash flow, a stellar balance sheet and ramping sales to Infinera will keep the downside limited.
Fabrinet Will Be Range-Bound
September 18th, 2019 · No Comments