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 (NASDAQ: FORM), a leading provider of test and measurement technologies for the semiconductor industry, has announced its participation in three upcoming investor conferences in May 2025:
- B. Riley 25th Annual Investor Conference (May 21-22) at The Ritz-Carlton, Marina del Rey
- Craig-Hallum 22nd Annual Institutional Investor Conference (May 28) at Depot Renaissance Hotel Minneapolis
- TD Cowen 53rd Annual Technology, Media & Telecom Conference (May 29) at InterContinental New York Barclay
All conferences will feature one-on-one meeting formats. FormFactor serves semiconductor companies globally through its facilities in Asia, Europe, and North America, providing solutions for device performance optimization and yield knowledge advancement.
FormFactor reported Q1 2025 financial results with revenues of $171.4 million, showing a 9.6% decrease from Q4 2024 but a 1.6% increase year-over-year. The company's GAAP net income was $6.4 million ($0.08 per share), while non-GAAP net income reached $18.0 million ($0.23 per share).
Key highlights include a low single-digit increase in Foundry & Logic demand, though DRAM probe card shipments to China were limited due to export controls. The Board authorized a new $75 million stock repurchase plan extending through April 2027.
Looking ahead, FormFactor expects double-digit sequential revenue growth in Q2 2025, projecting revenue of $190 million (±$5 million) with a gross margin of 38.5% (±1.5%). The company remains confident in long-term growth prospects, driven by Advanced Packaging, High-Bandwidth-Memory, and Co-Packaged Optics trends.
FormFactor (NASDAQ: FORM) has announced it will release its 2025 fiscal first quarter financial results on Wednesday, April 30th, 2025, at 1:25 p.m. Pacific Time. The company will host a live webcast conference call accessible through the Investors section of FormFactor's website.
FormFactor is a leading provider of test and measurement technologies for the semiconductor industry, serving customers throughout the complete IC lifecycle. Their services span from characterization and modeling to reliability testing and production qualification. The company maintains a global presence with facilities across Asia, Europe, and North America.
FormFactor (NASDAQ: FORM) has launched the EVOLVITY™ 300, a new semi-automated engineering wafer probe system complementing their CM300 product line. The system is specifically designed for RF/DC modeling and device characterization, featuring a compact and user-friendly design.
The EVOLVITY 300 builds upon the Cascade S300 and Elite systems legacy, offering standard features for quick deployment and ease of use. Key features include a mechanical platen lift for enhanced safety, compatibility with FormFactor's Autonomous RF and DC measurement assistants, reconfigurable platen inserts, and a spacious platen design supporting various test configurations.
According to Jens Klattenhoff, VP and GM of the Systems Business Unit, the system was designed with simplicity in mind, featuring intuitive interface and streamlined processes to reduce setup time and complexity.
FormFactor (NASDAQ: FORM) has announced a significant expansion of its Taiwan Service Center, doubling its cleanroom space and adding office areas. The strategic investment aims to enhance local capabilities and customer support across Asia, particularly focusing on advanced packaging technologies for AI, HPC, mobile, and automotive applications.
The expanded facility will streamline repair turnaround times and increase capacity for testing and repair services of FormFactor products. The center now features expanded probe card services and includes a technology demo center supporting customers in co-packaged optics technologies, showcasing silicon photonics test technologies for next-generation semiconductor solutions.
FormFactor (NASDAQ: FORM) has partnered with Delft Circuits to integrate Delft's Cri/oFlex® cabling solutions into FormFactor's cryogenic test systems. The collaboration aims to enhance quantum computing interfacing capabilities.
The partnership will significantly increase channel density in FormFactor's systems from the current 12 ISO-100 ports supporting up to 300 channels to up to 160 channels per port, enabling a total of 1920 channels. This advancement is specifically designed for high-density interfacing in compact quantum computing fridges.
The integration provides an initial support for 80-160 channels with mK node and SMP-SMP jumpers, with potential for future scalability. The collaboration combines FormFactor's precision measurement capabilities with Delft Circuits' cabling technology to advance quantum systems development.
FormFactor (NASDAQ: FORM) has completed its acquisition of a 20% non-controlling stake in FICT , alongside North Asia private equity firm MBK Partners (MBKP). The transaction, valued at approximately $60M, includes a board seat for FormFactor and aims to secure access to FICT's essential technologies for advanced probe cards.
The deal, initially announced on February 5th, 2025, strengthens the partnership between the companies and positions FICT to continue developing leading-edge technologies for semiconductor and high-performance computing markets. FormFactor CEO Mike Slessor emphasized the transaction's importance in building world-class test and packaging consumables and strengthening the semiconductor test supply chain.
The company stated that this investment is not expected to have a material impact on FormFactor's operating results.
FormFactor (FORM) reported Q4 2024 financial results with quarterly revenues of $189.5 million, down 8.9% from Q3 2024 but up 12.7% from Q4 2023. Full-year 2024 revenue reached $764 million, marking a 15.2% increase from $663 million in 2023.
The company's Q4 GAAP net income was $9.7 million ($0.12 per share), compared to $18.7 million ($0.24 per share) in Q3 2024. Non-GAAP net income for Q4 was $21.3 million ($0.27 per share). Gross margin for Q4 2024 was 38.8%, down from 40.7% in Q3.
FormFactor announced acquiring a 20% minority stake in FICT for approximately $60M, strengthening its position in advanced probe card components. The company's High Bandwidth Memory business grew fourfold in 2024, driven by Generative AI adoption, while DRAM probe-card revenue set third consecutive quarterly records.
FormFactor (NASDAQ: FORM) has announced it will release its fourth quarter 2024 financial results on Wednesday, February 5th, 2025, at 1:25 p.m. Pacific Time. The company will host a live webcast conference call accessible through the Investors section of their website.
FormFactor is a leading provider of test and measurement technologies for the semiconductor industry, serving customers throughout the complete IC lifecycle. Their services span from characterization and modeling to qualification and production testing, helping semiconductor companies optimize device performance and improve yield knowledge. The company maintains facilities across Asia, Europe, and North America.
FormFactor (NASDAQ: FORM) has announced an expanded technology partnership with Advantest (TSE: 6857), including a share purchase agreement. The partnership builds on their existing collaboration, which includes FormFactor's 2020 acquisition of Advantest's probe-card assets and their recent partnership in developing wafer-level test cells for silicon photonics integrated circuits.
The collaboration focuses on advancing wafer-level test capabilities, particularly important for high-performance-compute devices used in generative-AI applications. Advantest will purchase approximately 335,000 FormFactor shares at $44.78 per share, though this transaction is not expected to materially impact FormFactor's financial statements.
The partnership aims to accelerate the delivery of integrated test solutions by combining FormFactor's probe cards expertise with Advantest's Automated Test Equipment (ATE) capabilities to meet customers' demanding timelines in advanced semiconductor manufacturing.
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