Formfactor Inc Stock Price, News & Analysis

FormFactor (Nasdaq: FORM) has announced its participation in the upcoming UBS Global Technology Conference, scheduled for December 3rd - 4th, 2024, at The Phoenician Hotel. The company will participate in one-on-one meetings only.

FormFactor is a leading provider of test and measurement technologies for the semiconductor industry, serving the full IC lifecycle from characterization to production testing. The company helps semiconductor manufacturers optimize device performance and improve yield knowledge through its facilities across Asia, Europe, and North America.

FormFactor (NASDAQ: FORM) has received SK hynix's Best Partner Award for its outstanding contributions to semiconductor test solutions. The company provides SK hynix with advanced wafer probe cards for high-bandwidth memory (HBM) testing, high-throughput one-touchdown DRAM testing, and engineering probe systems for extreme environments. The partnership focuses on developing next-generation semiconductor devices, including collaborations on HBM4 innovations. The award, presented annually to select suppliers demonstrating exceptional performance, recognizes FormFactor's role in enhancing SK hynix's testing capabilities and driving innovation in the semiconductor industry.

FormFactor (NASDAQ: FORM) and Advantest announced a strategic partnership to develop a novel test cell and measurement system for high-volume production of silicon photonics (SiPh) and co-packaged optics devices. The collaboration aims to address increasing bandwidth demands while reducing power consumption in AI data centers. Key features include the world's fastest automated photonic alignment, integration of FormFactor's Velox™ probe station with Advantest's V93000 test system, and wafer-level low-loss edge coupling. The system combines FormFactor's Pharos™ optical probe technology with Apollo probe architecture for optical and electrical device testing.

FormFactor (NASDAQ: FORM) reported record quarterly revenue of $207.9 million for Q3 2024, up 5.3% from Q2 2024 and 21.2% from Q3 2023. GAAP net income was $18.7 million ($0.24 per share), while non-GAAP net income reached $27.2 million ($0.35 per share). The company achieved record DRAM probe-card revenue driven by strong DDR5 demand. However, FormFactor expects reduced Foundry & Logic probe-card demand in Q4 2024, partially offset by continued DRAM strength. Q4 2024 guidance projects revenue of $190 million ±$5 million with non-GAAP EPS of $0.29 ±$0.04.

FormFactor, Inc. (Nasdaq: FORM) has announced it will report its 2024 fiscal third quarter financial results on Wednesday, October 30th, 2024, at 1:25 p.m. Pacific Time. The company will host a live webcast of the conference call, accessible through the Investors section of FormFactor's website. For those wishing to listen via telephone, preregistration is required.

FormFactor is a leading provider of essential test and measurement technologies for the full IC life cycle, from characterization to production test. The company serves semiconductor companies globally, helping them optimize device performance and advance yield knowledge. FormFactor operates through a network of facilities across Asia, Europe, and North America.

FormFactor, Inc. (Nasdaq: FORM), a leading provider of test and measurement technologies for the semiconductor industry, has announced its participation in two upcoming investor conferences. The company will attend Citi's 2024 Global TMT Conference on September 4, 2024, at The Lotte New York Palace Hotel for one-on-one meetings. Additionally, FormFactor will present at CL King's 22nd Annual Best Ideas Conference 2024 on September 16, 2024, from 11:00am to 11:35am ET in a virtual format.

FormFactor specializes in technologies that span the full IC life cycle, from characterization and modeling to production testing. The company's products and services help semiconductor companies optimize device performance and improve yield knowledge, ultimately accelerating profitability. FormFactor operates through a network of facilities across Asia, Europe, and North America.

FormFactor, Inc. (Nasdaq: FORM) has announced its participation in two upcoming investor conferences in August 2024. The company will attend the Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27 at the Four Seasons Chicago, and the 2024 Evercore ISI Semiconductor, IT Hardware & Networking Conference on August 28 at the Omni Chicago. Both events will feature one-on-one meetings only.

FormFactor is a leading provider of essential test and measurement technologies for the full IC life cycle, from characterization to production testing. The company helps semiconductor firms optimize device performance and improve yield knowledge, ultimately accelerating profitability. FormFactor serves customers through its network of facilities across Asia, Europe, and North America.

FormFactor, Inc. (NASDAQ: FORM) reported strong Q2 2024 financial results, with revenue of $197.5 million, up 17.0% quarter-over-quarter and 26.7% year-over-year. The company's DRAM probe card revenue reached an all-time record, driven by High Bandwidth Memory (HBM) demand doubling for the third consecutive quarter. GAAP net income was $19.4 million ($0.25 per share), while non-GAAP net income was $27.3 million ($0.35 per share). Gross margin improved to 44.0% GAAP and 45.3% non-GAAP. For Q3 2024, FormFactor expects revenue of $200 million ± $5 million and non-GAAP EPS of $0.31 ± $0.04, anticipating steady overall demand but a less favorable DRAM product mix.

FormFactor, Inc. (Nasdaq: FORM), a leading provider of essential test and measurement technologies for the semiconductor industry, has announced that it will report its fiscal second quarter 2024 financial results on Wednesday, July 31st, 2024, at 1:25 p.m. Pacific Time. The company will host a live webcast of the conference call, accessible to the public through the Investors section of FormFactor's website.

Interested parties can also listen via telephone by preregistering for the call. A replay of the conference call will be available approximately two hours after its conclusion on the company's website. FormFactor serves customers globally through its network of facilities in Asia, Europe, and North America, providing technologies that span the full IC life cycle from characterization to production testing.