Formfactor Inc is a leading provider of advanced semiconductor testing solutions, specializing in the design and manufacture of high-precision probing and measurement technologies
The company develops an extensive range of products that facilitate the efficient testing and characterization of integrated circuits and semiconductor devices, ensuring their performance and reliability. With a strong focus on innovation, Formfactor serves a diverse customer base, including major semiconductor manufacturers, by enhancing the productivity and accuracy of their testing processes. Additionally, the company plays a critical role in advancing the overall semiconductor industry through its commitment to quality and technological advancement.
Semiconductor packaging and testing company Amkor Technology (NASDAQAMKR) will be announcing earnings results tomorrow after the bell. Here’s what to expect.
Shares of semiconductor testing company FormFactor (NASDAQFORM) fell 29.5% in the pre-market session after the company reported a disappointing quarter, with EPS and adjusted operating income missing analysts' expectations. While revenue met expectations, it declined sequentially, and management pointed to weak demand in key high-volume markets like client PCs and mobile handsets, which could weigh on future growth. Also, the company expects reduced demand for both non-HBM DRAM probe cards and Systems. As a result, both revenue and EPS guidance for the next quarter fell short. Overall, this was a bad quarter.
Semiconductor testing company FormFactor (NASDAQFORM) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 12.7% year on year to $189.5 million. On the other hand, next quarter’s revenue guidance of $170 million was less impressive, coming in 11.6% below analysts’ estimates. Its non-GAAP profit of $0.27 per share was 7.3% below analysts’ consensus estimates.
After the conclusion of the US market's regular session on Wednesday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.
FormFactor shares are diving in extended trading Wednesday after the company reported fourth-quarter financial results that came up short of analyst expectations.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the semiconductor manufacturing stocks, including Photronics (NASDAQPLAB) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the semiconductor manufacturing industry, including FormFactor (NASDAQFORM) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Applied Materials (NASDAQAMAT) and its peers.
What a brutal six months it’s been for FormFactor. The stock has dropped 22.8% and now trades at $44.50, rattling many shareholders. This may have investors wondering how to approach the situation.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Semtech (NASDAQSMTC) and the rest of the semiconductor manufacturing stocks fared in Q3.