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.
FormFactor Inc (NASDAQ: FORM) is a leading provider of precision test and measurement solutions for the semiconductor industry, enabling advanced characterization and production testing of integrated circuits. This page serves as the definitive source for official company announcements, financial updates, and technology developments.
Investors and industry professionals will find curated news covering quarterly earnings, product innovations, strategic partnerships, and operational milestones. Our collection includes press releases related to probe card advancements, testing system upgrades, and market expansion initiatives across global semiconductor hubs.
All content is organized to help users efficiently track FormFactor's progress in developing critical testing technologies for next-generation semiconductors, including applications in AI processors and quantum computing infrastructure. Regular updates provide insights into how the company maintains its leadership in measurement accuracy and yield optimization solutions.
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FormFactor, Inc. (Nasdaq: FORM) reported record financial results for Q4 and FY 2020. Q4 revenues reached $197 million, a 10.7% increase sequentially and 10.3% year-over-year. FY 2020 revenues totaled $693.6 million, up 17.7% from FY 2019. Non-GAAP net income for Q4 was $35.3 million, or $0.44 per share, compared to $30.7 million in Q3 2020. While gross margin for Q4 declined to 39.4%, FY 2020 gross margin improved to 41.5%. For Q1 2021, the company expects revenues between $176 million and $188 million, planning further capacity expansion to meet ongoing demand.
FormFactor, Inc. (NASDAQ: FORM) is set to release its financial results for the fourth quarter of fiscal 2020 on February 3, 2021, at 1:25 p.m. PT. Investors can access a live webcast during the conference call via the company's website. A telephone replay will be available shortly after the call, continuing until February 10, 2021. FormFactor specializes in test and measurement technologies throughout the IC life cycle, assisting semiconductor companies to enhance profitability and optimize device performance. The company operates facilities across Asia, Europe, and North America.
FormFactor, Inc. (NASDAQ:FORM) will participate in the 23rd Annual Growth Conference hosted by Needham on January 13, 2021, at 2:45 pm ET. This virtual event will allow investors to listen to a live presentation by the company, which can be accessed on its website. FormFactor specializes in test and measurement technologies for the semiconductor industry, aiding in device performance optimization and yield knowledge. The company operates in Asia, Europe, and North America, serving a global customer base.
FormFactor has partnered with T.I.P.S. to launch the MeasureOne program, offering enhanced test solutions for power semiconductors essential for electric and hybrid vehicles. With the power semiconductor market projected to exceed $3.7B by 2024, this partnership aims to address increasing demands in high-voltage, high-current applications. The collaboration utilizes T.I.P.S.'s specialized probe cards and FormFactor's high-power testing systems to improve device characterization and performance while ensuring reliability and efficiency in testing.
FormFactor, a leader in test and measurement technologies, will participate in the 12th Annual Virtual CEO Summit on December 16, 2020. The event allows accredited investors and analysts to engage in small group meetings with the company's management team. The presentation materials will be available on FormFactor's investor page. The summit features 16 management teams, presenting in a virtual format, with advance registrations required by December 10, 2020.
FormFactor, Inc. (Nasdaq: FORM) reported Q3 fiscal 2020 results with revenues of $178 million, a 12.8% increase from Q2 and 26.6% year-over-year. The company achieved a gross margin of 43.1%, up from 41.9% in Q2 2020. Net income was $22.9 million, or $0.29 per share. FormFactor anticipates strong demand, reinforcing its positive outlook for Q4. Additionally, the company acquired High Precision Devices, enhancing its cryogenic test capabilities, relevant for emerging technologies like quantum computing.
FormFactor, Inc. (NASDAQ: FORM) will announce its financial results for the 2020 fiscal third quarter on October 28, 2020, at 1:25 p.m. PT. Investors can access the live webcast through the company's website. A replay will be available shortly after the call and will remain accessible until November 4, 2020. FormFactor specializes in test and measurement technologies for the semiconductor industry, aiding in device performance optimization and yield improvement.
FormFactor, Inc. (Nasdaq: FORM) will participate in the Sidoti & Company, LLC 2020 Investor Conference on September 24, 2020, at 12:15 pm EDT. Investors can access a live webcast of the presentation from the investor section of FormFactor's website, where a replay will also be available. FormFactor is a key provider of test and measurement technologies throughout the IC life cycle, aiding semiconductor companies in enhancing device performance and yield knowledge across its global facilities.
FormFactor, Inc. (NASDAQ: FORM) announced the launch of a new family of engineering probes designed to operate at cryogenic temperatures as low as 4 kelvin. These advanced probes support the testing needs of supercomputers and quantum computing devices, which require highly specialized tools for optimal performance. The cryogenic probe collection includes DCP Series Probes for DC testing, Multi-|Z| and T-Wave Probes for high-frequency RF applications, and LWP Series for optical applications. FormFactor aims to enhance testing capabilities at extreme temperatures, catering to the exponential growth in data centers and advanced technologies.
FormFactor, Inc. (NASDAQ: FORM) has partnered with Physik Instrumente (PI) in a new initiative called MeasureOne. This collaboration aims to enhance silicon photonics testing solutions, a market projected to grow at a CAGR of 19.7% from 2019 to 2027. The partnership leverages advanced technologies to streamline testing processes, significantly reducing time from days to mere minutes. Notable achievements include automated nano-precision positioning and the fastest photonic alignment capabilities. FormFactor's systems are currently utilized by over 20 leading silicon photonics manufacturers.