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 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.
FormFactor, Inc. (NASDAQ: FORM) has launched the CM300xi-ULN, a state-of-the-art 300mm wafer probe system designed to test flicker noise, random telegraph noise, and phase noise. This system reduces environmental noise by over 97%, setting a new gold standard in ultra-low noise measurement. Key features include achieving -190dB spectral noise, integrated power management, and fully autonomous flicker noise thermal testing for increased efficiency. With these advancements, FormFactor aims to support the semiconductor industry's demand for precision and performance in device testing.
FormFactor, Inc. (Nasdaq: FORM) announces its participation in several upcoming investor conferences. Key dates include:
- Needham Virtual SemiCap and EDA Conference: August 13, 2020
- 2020 BMO Virtual Technology Summit: August 28, 2020
- Jefferies 2020 Virtual Semiconductor, IT Hardware, and Communications Infrastructure Summit: September 1, 2020
- Citi's 2020 Global Technology Virtual Conference: September 8, 2020, at 1:30 PM ET
A live webcast will be available on FormFactor's website, with replays accessible thereafter.
FormFactor, Inc. (Nasdaq: FORM) will host a Virtual Analyst Day on August 18, 2020, at 1:30 p.m. Pacific Time. Interested individuals can access the live webcast via the Investors section of the company's website at www.formfactor.com. FormFactor specializes in providing test and measurement technologies for the semiconductor industry, supporting clients globally through its facilities in Asia, Europe, and North America.