FormFactor(FORM)

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FormFactor to Announce First Quarter 2025 Financial Results on April 30th
Newsfilter· 2025-04-10 20:01
Core Viewpoint - FormFactor, Inc. is set to report its financial results for the first quarter of fiscal year 2025 on April 30, 2025, at 1:25 p.m. Pacific Time, with a live webcast available for public access [1]. Company Overview - FormFactor, Inc. (NASDAQ:FORM) is a prominent provider of test and measurement technologies throughout the entire integrated circuit (IC) life cycle, including characterization, modeling, reliability, design debugging, qualification, and production testing [3]. - The company’s products and services are essential for semiconductor companies aiming to enhance profitability by optimizing device performance and improving yield knowledge [3]. - FormFactor operates a network of facilities across Asia, Europe, and North America to serve its customers effectively [3].
FormFactor Introduces the EVOLVITY™ 300 Probe System
GlobeNewswire· 2025-04-08 20:05
Company Expands the 300 mm Product Line with New Semi-Automated SystemLIVERMORE, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ: FORM), a supplier of electrical test and measurement technologies, has introduced the EVOLVITY™ 300, a semi-automated engineering wafer probe system that complements the company’s proven CM300 product line. The EVOLVITY 300 simplifies on-wafer probing with its compact, easy-to-use design, developed specifically for RF/DC modeling and device characterization. W ...
FORM Expands Taiwan Service Center Capacity: Hold or Fold the Stock?
ZACKS· 2025-04-03 16:06
FormFactor (FORM) is doubling capacity at its Taiwan Capacity Center, which will enable the company to better serve customers in Taiwan and across Asia. The service center plays a key role in supporting chip manufacturers in developing advanced packaging technologies driven by AI, high-performance computing, and mobile and automotive applications. FormFactor doubled the cleanroom space and additional office areas, and the center offers expanded probe card services. Taiwan accounted for 22.7% of total revenu ...
FormFactor Doubles Capacity at Taiwan Service Center to Meet Growing Demand
GlobeNewswire· 2025-04-02 20:05
Core Insights - FormFactor, Inc. has announced a significant expansion of its Taiwan Service Center to enhance local capabilities and customer support in the semiconductor industry [1][2][3] - The expansion includes doubling the cleanroom space and adding office areas, which will streamline repair turnaround times and increase capacity for testing and repair services [2][3] - The facility will also feature expanded probe card services and a technology demo center to support advancements in co-packaged optics technologies [3] Company Overview - FormFactor, Inc. is a leading provider of test and measurement technologies for the semiconductor industry, serving customers throughout Asia, Europe, and North America [4] - The company's products and services are essential for optimizing device performance and advancing yield knowledge, thereby accelerating profitability for semiconductor companies [4]
Bear of the Day: FormFactor (FORM)
ZACKS· 2025-03-18 11:20
Group 1 - FormFactor is a $2.5 billion OEM specializing in automated wafer probe cards and testing devices for semiconductor manufacturing [1] - The company reported revenues of $763.6 million in 2024, with SK Hynix contributing 22% to the top-line [2] - Sales consensus for 2025 is projected to grow only 1.2% to $773 million, following a disappointing Q4 report [2] Group 2 - Analysts have reduced EPS estimates for 2025 by over 20%, from $1.63 to $1.26, indicating a slip below 10% annual growth [2] - FormFactor's probe cards are essential for testing various semiconductor devices, including SoCs, microprocessors, and memory types [4] - The company is facing challenges due to weaker demand in high-volume markets like client PCs and mobile handsets [6] Group 3 - For Q1 2025, FormFactor expects revenues of $170 million, which is about $20 million below prior consensus estimates [6] - The company anticipates a non-GAAP gross margin of 38% for Q1 2025 [6] - Non-GAAP earnings per share are expected to be 19 cents, down from prior estimates of 33 cents [7] Group 4 - FormFactor's manufacturing locations in Asia primarily drive its revenue, although North America has seen growth due to increased manufacturing activity [7] - The current growth slump in the semiconductor testing market suggests caution for investors, as the stock trades over 25X EPS [8] - The upcoming quarters will be critical in determining if a turnaround is possible for the company [8]
FormFactor Partners with Delft Circuits to Revolutionize Quantum Computing Interfacing
GlobeNewswire· 2025-03-06 21:05
Core Insights - The partnership between FormFactor, Inc. and Delft Circuits aims to enhance scalability and performance in quantum computing through the integration of high-density cryogenic cabling solutions [1][2][4] Company Overview - FormFactor, Inc. is a leader in precision test and measurement solutions, providing essential technologies throughout the IC life cycle, including characterization, modeling, and production testing [5] - Delft Circuits specializes in dedicated quantum hardware, focusing on high-density I/O cabling solutions for the quantum industry, and has established itself as a trusted partner for various leading organizations [6] Partnership Details - The collaboration will integrate Delft Circuits' Cri/oFlex® cabling into FormFactor's cryogenic test systems, allowing for up to 160 channels per port and a total of 1920 channels, significantly improving performance and scalability [2][8] - This integration is particularly beneficial for space-constrained environments, facilitating seamless integration in compact quantum computing setups [8] Industry Impact - The partnership is positioned to transform quantum computing interfacing by combining precision measurement with advanced cabling technology, thereby accelerating the scalability and reliability of next-generation quantum systems [4][3] - The collaboration addresses the increasing computational requirements in quantum technology, which necessitate higher channel densities [2][8]
FormFactor Q4: Murky Short-Term Outlook Continues To Weigh On The Company
Seeking Alpha· 2025-03-03 18:41
Core Viewpoint - FormFactor, Inc. (NASDAQ: FORM) recently reported its Q4 earnings, prompting analysis of the company's financial performance and short-term outlook [1]. Financial Performance - The company has released its Q4 earnings, which are under review for insights into its financial health and future prospects [1]. Investment Strategy - The investment approach discussed emphasizes a long-term horizon, typically between 5 to 10 years, focusing on a balanced portfolio that includes growth, value, and dividend-paying stocks, with a particular inclination towards value stocks [1].
FormFactor Announces the Closing of FICT Transaction
GlobeNewswire News Room· 2025-02-24 14:00
LIVERMORE, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce the closing of its acquisition, together with North Asia private equity firm MBK Partners (“MBKP”), of FICT Limited (“FICT”). As stated on February 5th, 2025, this transaction secures FormFactor’s access to FICT’s essential technologies for advanced probe cards, strengthens the long-term partnership between the companies, and positions FICT to continue developing leading-edge technologies for its cust ...
FormFactor(FORM) - 2024 Q4 - Annual Report
2025-02-21 21:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-50307 FormFactor, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organ ...
FORM's Q4 Earnings Miss Estimates, Stock Declines on Cautious Outlook
ZACKS· 2025-02-06 18:46
FormFactor (FORM) delivered fourth-quarter 2024 adjusted earnings of 27 cents per share, missing the Zacks Consensus Estimate by 6.90%. The bottom line increased 35% from the year-ago quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $189.5 million missed the Zacks Consensus Estimate by 19% and increased 12.7% year over year. The rise was driven by continued strength in the DRAM probe-card business, which surged 77.2% year over year.However, FormFactor reported an 8. ...