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FormFactor, Inc. - $FORM STOCK NEWS

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

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 (Nasdaq: FORM), a leading provider of test and measurement technologies for the IC life cycle, has announced its participation in several upcoming investor conferences. These include the B. Riley 24th Annual Institutional Investor Conference on May 22, 2024, the Craig-Hallum 21st Annual Institutional Investor Conference on May 29, 2024, the TD Securities 52nd Annual Technology, Media & Telecom Conference on May 30, 2024, the Stifel 2024 Cross Sector Insight Conference on June 5, 2024, and the Baird 2024 Global Consumer, Technology & Services Conference on June 6, 2024. FormFactor will provide a live webcast of its presentation at the Stifel conference, accessible via its website. The company serves semiconductor firms globally, enhancing profitability and advanced yield through its technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
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conferences
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Rhea-AI Summary

FormFactor (NASDAQ: FORM), a prominent supplier in the semiconductor industry, has been rated among the top performers in TechInsights' annual customer satisfaction survey. The company received five-star ratings in three categories: 10 BEST Focused Suppliers of Chip Making Equipment, THE BEST Suppliers of Test Subsystems, and THE BEST Suppliers of Assembly Test Equipment. This marks the eleventh consecutive year FormFactor has been recognized in the Test Subsystems category. Customers highlighted FormFactor's strong field engineering support and product performance. CEO Mike Slessor emphasized the company's commitment to delivering tailored solutions and supporting advanced packaging techniques.

Rhea-AI Impact
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-0.47%
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Rhea-AI Summary

FormFactor, Inc. reported Q1 revenue near the top-end of the outlook range, with strong demand in Q2. The company re-aligned its organizational structure and recruited new executives to drive growth. GAAP net income was $21.8 million with a gross margin of 37.2%. On a non-GAAP basis, net income was $14.3 million with a gross margin of 38.7%. FormFactor expects a significant increase in demand and gross margin for Q2.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.64%
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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.
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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.
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-1.3%
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management
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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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Rhea-AI Sentiment
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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
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-3.37%
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FormFactor, Inc.

Nasdaq:FORM

FORM Rankings

FORM Stock Data

4.53B
76.81M
1.03%
100.85%
2.83%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
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.