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) 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.
FormFactor (NASDAQ: FORM) announced its management will participate in the 16th Annual CEO Investor Summit 2024. The event is scheduled for July 10th at the St. Regis Hotel in San Francisco, CA.
Presentation materials will be available on the company's website.
FormFactor (Nasdaq: FORM), a leading provider of test and measurement technologies for the IC life cycle, has announced its participation in several upcoming investor conferences. These include the B. Riley 24th Annual Institutional Investor Conference on May 22, 2024, the Craig-Hallum 21st Annual Institutional Investor Conference on May 29, 2024, the TD Securities 52nd Annual Technology, Media & Telecom Conference on May 30, 2024, the Stifel 2024 Cross Sector Insight Conference on June 5, 2024, and the Baird 2024 Global Consumer, Technology & Services Conference on June 6, 2024. FormFactor will provide a live webcast of its presentation at the Stifel conference, accessible via its website. The company serves semiconductor firms globally, enhancing profitability and advanced yield through its technologies.
FormFactor (NASDAQ: FORM), a prominent supplier in the semiconductor industry, has been rated among the top performers in TechInsights' annual customer satisfaction survey. The company received five-star ratings in three categories: 10 BEST Focused Suppliers of Chip Making Equipment, THE BEST Suppliers of Test Subsystems, and THE BEST Suppliers of Assembly Test Equipment. This marks the eleventh consecutive year FormFactor has been recognized in the Test Subsystems category. Customers highlighted FormFactor's strong field engineering support and product performance. CEO Mike Slessor emphasized the company's commitment to delivering tailored solutions and supporting advanced packaging techniques.
FormFactor, Inc. reported Q1 revenue near the top-end of the outlook range, with strong demand in Q2. The company re-aligned its organizational structure and recruited new executives to drive growth. GAAP net income was $21.8 million with a gross margin of 37.2%. On a non-GAAP basis, net income was $14.3 million with a gross margin of 38.7%. FormFactor expects a significant increase in demand and gross margin for Q2.
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