FormFactor(FORM)
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Will FormFactor (FORM) Gain on Rising Earnings Estimates?
Zacks Investment Research· 2024-05-06 17:21
FormFactor (FORM) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this integrated circuits diagnostic company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ...
FormFactor (FORM) Q1 Earnings Lag Estimates, Revenues Rise
Zacks Investment Research· 2024-05-02 16:20
FormFactor (FORM) delivered first-quarter 2024 adjusted earnings of 18 cents per share, missing the Zacks Consensus Estimate by 5.26%. The bottom-line figure increased 12.5% year over year.Revenues of $168.7 million beat the Zacks Consensus Estimate by 2.24% and increased 0.8% on a year-over-year basis. The top-line growth can primarily be attributed to growth in probe cards.Segments in DetailProbe card revenues were $136.7 million, up 7.4% year over year.Foundry & Logic (accounting for 51.5% of revenues) r ...
FormFactor (FORM) Q1 Earnings Miss Estimates
Zacks Investment Research· 2024-05-01 22:41
FormFactor (FORM) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.26%. A quarter ago, it was expected that this integrated circuits diagnostic company would post earnings of $0.20 per share when it actually produced earnings of $0.20, delivering no surprise.Over the last four quart ...
FormFactor(FORM) - 2024 Q1 - Quarterly Results
2024-05-01 20:06
News Release Investor Contact: Stan Finkelstein Investor Relations (925) 290-4321 ir@formfactor.com FORMFACTOR, INC. REPORTS 2024 FIRST QUARTER RESULTS Reports Q1 Revenue Near the Top-End of the Outlook Range, Sees Significant Step-Up in Demand in Q2'24 LIVERMORE, Calif. — May 1, 2024 —FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2024 ended March 30, 2024. Quarterly revenues were $168.7 million, an increase of 0.3% compared to $168.2 million in the fo ...
FormFactor to Announce First Quarter 2024 Financial Results on May 1st
Newsfilter· 2024-04-10 20:01
LIVERMORE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) will report financial results for its 2024 fiscal first quarter on Wednesday, May 1st, 2024, at 1:25 p.m. Pacific Time. The public is invited to listen to a live webcast of FormFactor's conference call on the Investors section of the company's web site at www.formfactor.com. To Listen via Telephone: Preregistration is required. Please preregister by clicking here. Upon registering, you will be emailed a dial-in number, dir ...
FormFactor to Announce First Quarter 2024 Financial Results on May 1st
Globenewswire· 2024-04-10 20:01
LIVERMORE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2024 fiscal first quarter on Wednesday, May 1st, 2024, at 1:25 p.m. Pacific Time. The public is invited to listen to a live webcast of FormFactor's conference call on the Investors section of the company's web site at www.formfactor.com. To Listen via Telephone: Preregistration is required. Please preregister by clicking here. Upon registering, you will be emailed a dial-in number, di ...
FormFactor Appoints New Board Member
Newsfilter· 2024-03-21 20:01
LIVERMORE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced the appointment of Kevin Brewer to its Board of Directors effective immediately. "We are pleased to welcome Kevin Brewer to the Board of Directors of FormFactor," said Tom St. Dennis, Chairperson of the Board of Directors. "Kevin has a strong background in finance and operations that will be of great value to FormFactor as the company achieves and surpasses our target financial model." Mr. Brewer joins the F ...
Why Is FormFactor (FORM) Up 18.5% Since Last Earnings Report?
Zacks Investment Research· 2024-03-08 17:37
A month has gone by since the last earnings report for FormFactor (FORM) . Shares have added about 18.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is FormFactor due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. FormFactor Q4 Earnings Meet Estimates, Revenues RiseFo ...
FormFactor and Tabor Electronics Collaborate to Demonstrate a Full Stack 5-Qubit Quantum Computer, Powered by QuantWare
Newsfilter· 2024-02-29 21:01
LIVERMORE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM), a leading semiconductor test and measurement supplier, together with Tabor Electronics LLC, today presented the Echo-5Q project, a demonstration of a full stack 5-Qubit Quantum Computer for research and education, leveraging a QPU supplied by QuantWare. The result of this collaboration shows the ability of the partnering companies to support the quantum industry with their respective technologies. The turnkey Quantum Comput ...
FormFactor Announces the Closing of its Divestiture of China Operations
Newsfilter· 2024-02-26 21:01
LIVERMORE, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) is pleased to announce the closing of its sale of FormFactor's Suzhou and Shanghai companies to Grand Junction Semiconductor Pte. Ltd. (GJS), for $25M in cash, subject to taxes and customary purchase price adjustments. The transaction is part of a long-term partnership between the two companies, initially announced February 7th, 2024, which also includes an exclusive distribution and partnership agreement to continue sales a ...