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Articles in “FORM”

Why FormFactor (FORM) Shares Are Trading Lower Today Cover Image
NASDAQ FORM Why It Moves
Why FormFactor (FORM) Shares Are Trading Lower Today

Radek Strnad 2023/05/04 6:22pm

What Happened: Shares of semiconductor testing company FormFactor (NASDAQ:FORM) fell 7.28% in the morning session after the company reported first-quarter results that exceeded analysts' revenue, operating income and earnings per share (EPS) expectations. However, free cash flow missed, and inventory levels rose. In addition, revenue and EPS guidance for the next quarter were below Consensus estimates, and management highlighted the "focus on carefully balancing disciplined cost control and investments as the cyclical downturn continues." The cautious commentary likely weighed on the stock since it adds uncertainty to near-term financial projections. ... Continue Reading Continue Reading
FormFactor (NASDAQ:FORM) Beats Q1 Sales Targets But Quarterly Guidance Underwhelms Cover Image
NASDAQ FORM Earnings
FormFactor (NASDAQ:FORM) Beats Q1 Sales Targets But Quarterly Guidance Underwhelms

Adam Hejl 2023/05/03 8:36pm

Semiconductor testing company FormFactor (NASDAQ:FORM) reported Q1 FY2023 results beating Wall St's expectations, with revenue down 15.1% year on year to $167.4 million. However, guidance for the next quarter was less impressive, coming in at $162 million at the midpoint, being 3.21% below analyst estimates. FormFactor made a GAAP profit of $1.34 million, down on its profit of $29.9 million, in the same quarter last year. ... Continue Reading Continue Reading
Why FormFactor (FORM) Stock Is Trading Lower Today Cover Image
NASDAQ FORM Why It Moves
Why FormFactor (FORM) Stock Is Trading Lower Today

Radek Strnad 2023/04/03 3:33pm

What Happened: Shares of semiconductor testing company FormFactor (NASDAQ:FORM) fell 8.95% in the morning session after analyst Atif Malik of Citigroup downgraded the stock's rating from Buy to Neutral (Hold). The analyst noted that the prospects for memory probe demand could be dimmed by the persistent challenges in the Chinese domestic memory market, which would curb any increase in multiples. ... Continue Reading Continue Reading
FormFactor (NASDAQ:FORM) Posts Better-Than-Expected Sales In Q4, Provides Optimistic Guidance For Next Quarter Cover Image
NASDAQ FORM Earnings
FormFactor (NASDAQ:FORM) Posts Better-Than-Expected Sales In Q4, Provides Optimistic Guidance For Next Quarter

Adam Hejl 2023/02/08 9:06pm

Semiconductor testing company FormFactor (NASDAQ:FORM) beat analyst expectations in Q4 FY2022 quarter, with revenue down 19% year on year to $166 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $162 million at the midpoint, 7.01% above what analysts were expecting. FormFactor made a GAAP loss of $13.7 million, down on its profit of $25.9 million, in the same quarter last year. ... Continue Reading Continue Reading