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.
FormFactor, Inc. (NASDAQ: FORM) will announce its fiscal Q1 2021 financial results on April 28, 2021, at 1:25 p.m. PT. Investors can join the live webcast via the company's website. A telephone replay of the call will be accessible two hours post-call until April 30, 2021. FormFactor is a provider of critical test and measurement technologies throughout the IC lifecycle, aiding semiconductor firms in enhancing device performance and yield. The company operates in Asia, Europe, and North America, supporting clients with a robust network.
FormFactor has launched the HPD IQ1000 Scanning SQUID Microscope, its first product targeting the quantum computing market. This innovative device allows high-throughput characterization of magnetic flux in superconducting circuits, significantly reducing development time for device designers. With a projected quantum computing market growth to $1.7B by 2026 at a CAGR of 30.2%, the IQ1000's rapid imaging capabilities (up to 100 microns per second) and unattended operation position FormFactor to capitalize on this growth and enhance its semiconductor testing portfolio.
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.