FormFactor

FormFactor, Inc. engages in the provision of test and measurement solutions. It operates through the following business segments: Probe Cards and Systems. The Probe Cards segment consists of technologies and product architectures, including micro-electromechanical systems technologies. The Systems segment consists of analytical probe solutions for on-wafer probing, board tests, and package tests. The company was founded by Igor Khandros on April 15, 1993 and is headquartered in Livermore, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FormFactor surpasses Q4 expectations, eyes profitability amid market challenges

FormFactor's Q4 performance exceeded expectations, setting the stage for increased profitability in Q1.
While facing challenges from US-China trade restrictions and market conditions, FormFactor's diversified business segments and strategic investments position it for growth.
Opportunities lie in compliance efforts, leading-edge technologies, and market diversification, offering avenues for revenue growth and market share gains.
Emphasis on execution, technology value, and customer engagement will be crucial for FormFactor to address challenges and capitalize on opportunities.

FormFactor beats revenue expectations, eyes growth amid challenges

FormFactor's Q1 performance exceeded expectations, driven by strong revenue and improved profitability.
While facing challenges in certain product lines and export restrictions in China, the company is well-positioned for growth.
Opportunities lie in new technology adoption, market share gains, and a focus on high-value product segments.
Despite challenges in the mobile business, FormFactor's strategic focus on key technologies and customer success remains strong.

FormFactor reports mixed Q2 results, eyes growth in silicon photonics

FormFactor's Q2 performance was mixed, with revenue missing but non-GAAP EPS exceeding expectations.
The company faces challenges in certain product segments but benefits from a stable demand environment and unique capabilities.
Opportunities lie in high ASP shipments, silicon photonics growth, and industry recovery from cyclical downturn.
Overall, FormFactor remains focused on innovation and diversification to drive future growth and profitability.

FormFactor (FORM) reports robust Q3 results amidst revenue challenges

FormFactor (FORM) delivered a strong Q3 performance with record revenues and margins, despite facing challenges in revenue outlook and geopolitical risks in China.
The company's strengths lie in its Foundry and Logic probe cards, Systems business growth, and anticipated revenue expansion in high-bandwidth memory business.
Opportunities in data center applications, silicon photonics, and advanced packaging present avenues for future growth and market leadership, requiring strategic focus and innovation.

FormFactor meets Q4 expectations, eyes revenue growth and operational adjustments

FormFactor's Q4 performance met expectations with growth in key segments like DRAM probe cards and advanced packaging applications.
The company faces challenges in certain probe card segments and capital deployment decisions.
Opportunities lie in revenue growth, market share expansion, and MEMS probe adoption in 2024.
Strategic adjustments in response to export controls in China demonstrate proactive operational management.

FormFactor reports solid Q1 performance, eyes market share gains

FormFactor's Q1 performance was solid, with revenue meeting expectations despite challenges in gross margins and warranty costs.
The company's strengths lie in its strong relationships with key partners, leading market share in high-bandwidth memory, and progress with key customers.
While facing challenges in margin structure and market dynamics, FormFactor sees opportunities in market share gains and growth in key segments.

FormFactor exceeds Q2 revenue expectations, eyes DDR5 adoption for growth

FormFactor delivered strong Q2 results, exceeding revenue expectations and showcasing growth in key segments. While challenges exist in adapting to advanced packaging processes, opportunities in DDR5 adoption and Systems segment growth position the company for continued success.

FormFactor exceeds Q3 expectations, eyes growth in key segments

FormFactor delivered exceptional Q3 results, surpassing revenue and earnings expectations. While facing margin challenges in Q4, the company remains optimistic about future growth opportunities in key segments like DRAM and Systems. FormFactor's strategic focus on advanced technologies and diverse product offerings positions it well for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FormFactor (FORM) reported earnings 30 days ago. What's next for the stock?

Why Is FormFactor (FORM) Up 0.1% Since Last Earnings Report?

The new TESLA300 automates high-voltage and high-current IGBT and Power MOSFET device measurements on 300mm wafers to lower test costs and speed development The new TESLA300 automates high-voltage and high-current IGBT and Power MOSFET device measurements on 300mm wafers to lower test costs and speed development

FormFactor Introduces High-Power Semiconductor Wafer Probing System for Automotive, Renewable Energy, and Industrial Applications

FormFactor's (FORM) fourth-quarter 2021 earnings are driven by strong demand for DRAM, Flash and Systems.

FormFactor (FORM) Q4 Earnings Beat, Revenues Increase Y/Y

FormFactor, Inc. (FORM) CEO Mike Slessor on Q4 2021 Results - Earnings Call Transcript

Achieves Record Quarterly and Annual Revenue; Healthy Demand Continues in Q1 Achieves Record Quarterly and Annual Revenue; Healthy Demand Continues in Q1

FormFactor, Inc. Reports 2021 Fourth Quarter Results

Secular long term growth opportunity thanks to MEMS. Technoprobe is winning both in terms of revenue and profitability.

FormFactor Vs Technoprobe: A Clear Winner

FormFactor (FORM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: FormFactor (FORM) Q4 Earnings Expected to Decline

FormFactor Ranked Among Top Companies for its Commitment to Environment, Social and Corporate Governance FormFactor Ranked Among Top Companies for its Commitment to Environment, Social and Corporate Governance

Newsweek Names FormFactor Among America's Most Responsible Companies

Collaboration with Keysight Delivers Quantum Industry's First Cryogenic RF Probe Capability at 50 millikelvin Available as a Service Collaboration with Keysight Delivers Quantum Industry's First Cryogenic RF Probe Capability at 50 millikelvin Available as a Service

FormFactor Launches Cryogenic Test Service to Dramatically Reduce the Time and Cost for Superconducting Qubit Characterization

LIVERMORE, Calif., Jan. 13, 2022 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2021 fiscal fourth quarter on Wednesday, February 2, 2022, 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. A telephone replay of the conference call will be available approximately two hours after the conclusion of the call. The telephone replay will be available through February 9, 2022, 4:25 p.m. Pacific Time, and can be accessed by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) and entering confirmation code 8851319. Additionally, the replay will be available on the Investors section of our website, www.formfactor.com.

FormFactor to Announce Fourth Quarter 2021 Financial Results on February 2nd

Needham analyst Charles Shi raised the price target on FormFactor Inc (NASDAQ:FORM) to $54 from $45 and reiterated a Buy rating on the shares. The price target implies an upside of 18%.

Needham Bumps Up FormFactor Price Target By 20%; Names Top Pick for 2022

LIVERMORE, Calif., Jan. 05, 2022 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the 24th Annual Needham Growth Virtual Conference on January 12, 2022.

FormFactor, Inc. to Present at the 24th Annual Needham Growth Conference

FormFactor (FORM) announces the opening of a new probe card manufacturing facility in Livermore, CA, in a bid to bolster its presence in the United States.

FormFactor (FORM) Boosts Probe Card Efforts With New Facility

LIVERMORE, Calif., Dec. 15, 2021 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ: FORM), a leading semiconductor test and measurement supplier, today announced the opening of a new manufacturing facility, expanding its Livermore, California campus. The 90,000 square foot facility provides the company with additional capacity to manufacture advanced wafer probe cards, essential equipment to test semiconductor chips and support the growing test demand of advanced packaging.

FormFactor Opens New Manufacturing Facility to Expand Capacity for Semiconductor Wafer Probe Card Production

FormFactor's (FORM) third-quarter earnings are driven by strong demand in all businesses.

FormFactor (FORM) Q3 Earnings Beat, Revenues Increase Y/Y

FormFactor, Inc. (FORM) CEO Mike Slessor on Q3 2021 Results - Earnings Call Transcript

FormFactor (FORM) delivered earnings and revenue surprises of 11.11% and 1.31%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

FormFactor (FORM) Q3 Earnings and Revenues Surpass Estimates

Company Delivers Strong Results, Benefiting from Accelerating Demand and Output as Additional Capacity Comes Online Company Delivers Strong Results, Benefiting from Accelerating Demand and Output as Additional Capacity Comes Online

FormFactor, Inc. Reports 2021 Third Quarter Results

LIVERMORE, Calif., Oct. 08, 2021 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2021 fiscal third quarter on Wednesday, October 27, 2021, 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. A telephone replay of the conference call will be available approximately two hours after the conclusion of the call. The telephone replay will be available through October 29, 2021, 4:25 p.m. Pacific Time, and can be accessed by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) and entering confirmation code 5775795. Additionally, the replay will be available on the Investors section of our website, www.formfactor.com.

FormFactor to Announce Third Quarter 2021 Financial Results on October 27th

Kulicke & Soffa Industries

Meredith

Upland Software

Kennedy-Wilson Holdings

Royce Investment Partners recently released its 13F portfolio updates for the second quarter of 2021, which ended on June 30.

Top 2nd-Quarter Buys of Chuck Royce's Firm

FormFactor (FORM) Up 3.3% Since Last Earnings Report: Can It Continue?

FormFactor has sold off on quarterly volatility as major customers like Intel buy fewer logic probe cards, but the underlying drivers for the business are still in place.

FormFactor Hit By Volatile Results, But Leading-Edge Launches Make It Worth A Look

FormFactor's (FORM) CEO Mike Slessor on Q2 2021 Results - Earnings Call Transcript

FormFactor (FORM) delivered earnings and revenue surprises of 9.09% and 1.48%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

FormFactor (FORM) Q2 Earnings and Revenues Beat Estimates

Shares of FormFactor (NASDAQ:FORM) moved higher after the company reported Q2 results. Quarterly Results Earnings per share rose 9.09% year over year to $0.36, which beat the estimate of $0.33.

News for FormFactor Stock (FORM)