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FormFactor Inc. - FORM STOCK NEWS

Welcome to our dedicated news page for FormFactor (Ticker: FORM), a resource for investors and traders seeking the latest updates and insights on FormFactor.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FormFactor's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FormFactor's position in the market.

Rhea-AI Summary
FormFactor, Inc. (FORM) will announce its 2024 fiscal first quarter financial results on May 1st, 2024. Investors can listen to the conference call via webcast or telephone with preregistration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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Rhea-AI Summary
FormFactor receives Intel's EPIC Distinguished Supplier Award for exceeding performance expectations. The company's dedication to excellence and continuous improvement has earned them a prestigious place among Intel's trusted suppliers.
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1.4%
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News
Rhea-AI Summary
FormFactor, Inc. (Nasdaq: FORM) appoints Kevin Brewer, a seasoned professional with over 40 years of experience in the semiconductor and high-tech industries, to its Board of Directors. The company aims to leverage Brewer's expertise in finance and operations to enhance its financial performance and achieve its targets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
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management
Rhea-AI Summary
FormFactor, Inc. and Tabor Electronics LLC introduce the Echo-5Q project, showcasing a 5-Qubit Quantum Computer for research and education. The collaboration demonstrates a 250% improvement in T1 times, enhancing qubit fidelity and quantum operations. The Echo-5Q provides a turnkey solution for scientists and engineers, offering high-quality physical qubits for workforce development and technology testing.
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End-of-Day
1.32%
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Rhea-AI Summary
Tabor Electronics collaborates with Formfactor Inc. and QuantWare to release Echo-5Q, a 5-Qubit Quantum Computer, showcasing a 250% improvement in T1 times. The system offers higher qubit fidelity and more quantum operations per cycle, catering to research and education needs. The Echo-5Q will be presented at the American Physical Society Meeting, offering scientists and engineers access to high-quality physical qubits for workforce development and technology testing.
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0.53%
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Rhea-AI Summary
The press release regarding FORM has been removed by the news provider.
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0.53%
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Rhea-AI Summary
FormFactor, Inc. (FORM) completes the sale of its Suzhou and Shanghai companies to Grand Junction Semiconductor Pte. Ltd. for $25M. The transaction aims to enhance operational strategy in China amidst declining revenues due to export controls. The partnership includes an exclusive distribution agreement to continue sales in China.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.37%
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Rhea-AI Summary
FormFactor, Inc. announced its financial results for Q4 of fiscal 2023, achieving revenues of $168.2 million, a 2.0% decrease from the previous quarter and a 1.3% increase from the same period last year. The company experienced relatively stable demand, with strong demand for DRAM probe cards. They also divested China operations and established an exclusive distribution and partnership agreement with Grand Junction Semiconductor Pte. Ltd. FormFactor's Q4 net income was $75.8 million on a GAAP basis and $15.7 million on a non-GAAP basis. The company's gross margin for Q4 was 40.4% on a GAAP basis and 42.1% on a non-GAAP basis. FormFactor expects similar Q1 results as in recent quarters, with a revenue outlook of $165 million +/- $5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
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Rhea-AI Summary
FormFactor, Inc. (Nasdaq: FORM) to report financial results for its 2023 fiscal fourth quarter on February 7th, 2024. The public can listen to a live webcast of the conference call on the company's website. Preregistration is required for telephone access and a replay will be available on the website.
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Rhea-AI Sentiment
End-of-Day
1.66%
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Rhea-AI Summary
FormFactor, Inc. (Nasdaq: FORM) will participate in the 26th Annual Needham Growth Conference on January 17, 2024. The company's Chief Executive Officer, Michael Slessor, will present at 9:30AM ET. The public can listen to a live webcast of the presentation on FormFactor's website and access the replay afterward.
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Rhea-AI Sentiment
End-of-Day
-1.44%
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conferences
FormFactor Inc.

Nasdaq:FORM

FORM Rankings

FORM Stock Data

3.45B
76.81M
1.03%
100.85%
2.83%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Livermore

About FORM

formfactor, inc. (nasdaq:form), is a leading provider of essential test and measurement technologies along the full ic life cycle –from characterization, modeling, reliability, and design de-bug, to qualification and production test. semiconductor companies rely upon formfactor’sproducts and services to accelerate profitability by optimizing device performance and advancing yield knowledge. the company serves customers through its network of facilities in asia, europe, and north america. for more information, visit the company’s website at www.formfactor.com.