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 semiconductor test and measurement company whose news flow centers on its role in enabling advanced IC manufacturing and packaging. The company provides electrical and optical test technologies that span the full IC life cycle, from characterization and modeling through reliability testing, design debug, qualification, and production test. Semiconductor manufacturers use FormFactor’s probe cards, analytical probes, probe stations, thermal sub-systems, and related services to optimize device performance and improve yield knowledge.
This news page aggregates updates on FormFactor (FORM), including quarterly earnings announcements, outlook commentary, and non-GAAP financial metrics that the company discloses via press releases and Form 8-K filings. Readers can follow details such as revenue trends, gross margin performance, restructuring actions, and capital structure developments, including the revolving credit agreement described in recent SEC filings.
FormFactor also issues frequent news about its participation in investor and technology conferences, where management presents the company’s strategy and market positioning. Press releases highlight appearances at events such as the UBS Global Technology Conference, the Needham Growth Conference, and the NYC Summit, along with links to webcasts and presentation materials for investors and analysts.
Another key category of news involves strategic moves in advanced technologies and manufacturing. For example, FormFactor has announced the acquisition of Keystone Photonics to expand its silicon photonics and co-packaged optics wafer test capabilities, as well as plans for a new advanced manufacturing facility in Farmers Branch, Texas. Together, these items provide ongoing insight into how FormFactor is addressing test requirements for logic, memory, silicon photonics, and advanced packaging. Investors and industry observers can use this page to monitor company announcements, financial updates, and strategic developments over time.
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FormFactor announced a new cryogenic test service to accelerate quantum computing IC development. Located in Boulder, Colorado, the Advanced Cryogenic Lab allows quantum developers to characterize qubits and resonators at 50 millikelvin, doubling development cycles without upfront costs. The integrated solution, developed with Keysight, enhances device testing efficiency, eliminating lengthy sample preparation. Key features include custom probe interfaces, dedicated engineering support, and flexible access options.
FormFactor, Inc. (NASDAQ: FORM) will announce its financial results for the fiscal fourth quarter of 2021 on February 2, 2022, at 1:25 p.m. PT. A live webcast of the conference call will be available on FormFactor's website, and a replay will be accessible for a week afterward. The company specializes in test and measurement technologies for the semiconductor industry, assisting clients in enhancing device performance and profitability through its comprehensive product offerings across multiple regions including Asia, Europe, and North America.
FormFactor, Inc. (Nasdaq: FORM) will present at the 24th Annual Needham Growth Virtual Conference on January 12, 2022, at 3:30 PM ET. Michael Slessor, the CEO, will lead the presentation. Interested investors can access the live webcast via the company's website, with replays also available. FormFactor specializes in test and measurement technologies critical for semiconductor companies, supporting the entire IC life cycle to enhance device performance and yield. The company operates facilities in Asia, Europe, and North America.
FormFactor, a leading semiconductor test and measurement supplier, has announced the opening of a new 90,000 square foot manufacturing facility in Livermore, California. This expansion is part of the company’s plan to invest approximately $70-80 million in manufacturing capacity for 2021. The facility includes a class 1000 clean room for the assembly of MEMS probe cards and is designed to meet the increasing demand for advanced semiconductor testing technologies. FormFactor ships over 85 million MEMS probes annually to semiconductor fabs globally.
FormFactor, Inc. (Nasdaq: FORM) announced its participation in several upcoming investor conferences, including the Craig-Hallum 12th Annual Alpha Select Conference on November 16, 2021, and the 10th Annual December CEO Summit on December 8, 2021. The CEO Summit will take place at the St. Regis Hotel in San Francisco and is a live event requiring COVID vaccination proof. Additionally, FormFactor will attend the DA Davidson Semicap, Laser & Optical Conference on December 15, 2021. Interested investors must RSVP by November 29, 2021.
FormFactor, Inc. (Nasdaq: FORM) announced strong financial results for Q3 FY2021, achieving revenues of $190 million, a 6.7% increase year-over-year. Key highlights include a gross margin improvement to 42.2% and net income of $20.5 million, up from $17.9 million in Q2. The company expects Q4 revenues between $192 million and $204 million. CEO Mike Slessor noted strong demand and operational control as pivotal for performance. Despite a slight drop in free cash flow to $14.4 million, overall results remained robust with non-GAAP earnings exceeding projections.
FormFactor, Inc. (Nasdaq: FORM) will announce its financial results for the third quarter of fiscal 2021 on October 27, 2021, at 1:25 p.m. PT. The conference call will be accessible via a live webcast on the company’s website, with a replay available shortly after. FormFactor specializes in test and measurement technologies critical to semiconductor companies, aiding in device performance optimization and improving yield knowledge through its global operations.
FormFactor, Inc. (Nasdaq: FORM) will participate in several upcoming virtual investor conferences. Key events include:
- Needham Virtual 2nd Annual SemiCap and EDA Conference on August 24, 2021
- Jefferies 2021 Semiconductor, IT Hardware and Communications Infrastructure Summit on August 31, 2021
- Citi's 2021 Global Technology Virtual Conference on September 13 and 15, 2021
- C.L. King’s 19th Annual Best Ideas Conference on September 14, 2021
The public can access live webcasts from FormFactor's investor section on their website.
FormFactor, Inc. reported Q2 fiscal 2021 revenue of $188.1 million, up 0.8% from Q1 and 19.2% year-over-year. Strong demand in the DRAM sector and record sales in the Systems segment contributed to this success. Despite a slight decline in gross margins, they exceeded expectations. Net income was $17.9 million ($0.23 per share), down from Q1 but up from Q2 2020. Looking ahead, the company forecasts Q3 revenue between $182 million and $194 million, maintaining confidence in ongoing demand for its semiconductor products.