FormFactor

FormFactor, Inc. engages in the provision of test and measurement solutions. It operates through the following business segments: Probe Cards and Systems. The Probe Cards segment consists of technologies and product architectures, including micro-electromechanical systems technologies. The Systems segment consists of analytical probe solutions for on-wafer probing, board tests, and package tests. The company was founded by Igor Khandros on April 15, 1993 and is headquartered in Livermore, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FormFactor surpasses Q4 expectations, eyes profitability amid market challenges

FormFactor's Q4 performance exceeded expectations, setting the stage for increased profitability in Q1.
While facing challenges from US-China trade restrictions and market conditions, FormFactor's diversified business segments and strategic investments position it for growth.
Opportunities lie in compliance efforts, leading-edge technologies, and market diversification, offering avenues for revenue growth and market share gains.
Emphasis on execution, technology value, and customer engagement will be crucial for FormFactor to address challenges and capitalize on opportunities.

FormFactor beats revenue expectations, eyes growth amid challenges

FormFactor's Q1 performance exceeded expectations, driven by strong revenue and improved profitability.
While facing challenges in certain product lines and export restrictions in China, the company is well-positioned for growth.
Opportunities lie in new technology adoption, market share gains, and a focus on high-value product segments.
Despite challenges in the mobile business, FormFactor's strategic focus on key technologies and customer success remains strong.

FormFactor reports mixed Q2 results, eyes growth in silicon photonics

FormFactor's Q2 performance was mixed, with revenue missing but non-GAAP EPS exceeding expectations.
The company faces challenges in certain product segments but benefits from a stable demand environment and unique capabilities.
Opportunities lie in high ASP shipments, silicon photonics growth, and industry recovery from cyclical downturn.
Overall, FormFactor remains focused on innovation and diversification to drive future growth and profitability.

FormFactor (FORM) reports robust Q3 results amidst revenue challenges

FormFactor (FORM) delivered a strong Q3 performance with record revenues and margins, despite facing challenges in revenue outlook and geopolitical risks in China.
The company's strengths lie in its Foundry and Logic probe cards, Systems business growth, and anticipated revenue expansion in high-bandwidth memory business.
Opportunities in data center applications, silicon photonics, and advanced packaging present avenues for future growth and market leadership, requiring strategic focus and innovation.

FormFactor meets Q4 expectations, eyes revenue growth and operational adjustments

FormFactor's Q4 performance met expectations with growth in key segments like DRAM probe cards and advanced packaging applications.
The company faces challenges in certain probe card segments and capital deployment decisions.
Opportunities lie in revenue growth, market share expansion, and MEMS probe adoption in 2024.
Strategic adjustments in response to export controls in China demonstrate proactive operational management.

FormFactor reports solid Q1 performance, eyes market share gains

FormFactor's Q1 performance was solid, with revenue meeting expectations despite challenges in gross margins and warranty costs.
The company's strengths lie in its strong relationships with key partners, leading market share in high-bandwidth memory, and progress with key customers.
While facing challenges in margin structure and market dynamics, FormFactor sees opportunities in market share gains and growth in key segments.

FormFactor exceeds Q2 revenue expectations, eyes DDR5 adoption for growth

FormFactor delivered strong Q2 results, exceeding revenue expectations and showcasing growth in key segments. While challenges exist in adapting to advanced packaging processes, opportunities in DDR5 adoption and Systems segment growth position the company for continued success.

FormFactor exceeds Q3 expectations, eyes growth in key segments

FormFactor delivered exceptional Q3 results, surpassing revenue and earnings expectations. While facing margin challenges in Q4, the company remains optimistic about future growth opportunities in key segments like DRAM and Systems. FormFactor's strategic focus on advanced technologies and diverse product offerings positions it well for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FormFactor's (FORM) fourth-quarter 2023 results benefit from robust demand for probe cards with increased revenues in the DRAM, Foundry & Logic segments.

FormFactor (FORM) Q4 Earnings Meet Estimates, Revenues Rise

FormFactor, Inc. (FORM) Q4 2023 Earnings Call Transcript

Delivered Q4 Revenue and Gross Margin above Mid-Point of the Outlook Range, Sees Similar Overall Demand Levels in Q1 Delivered Q4 Revenue and Gross Margin above Mid-Point of the Outlook Range, Sees Similar Overall Demand Levels in Q1

FormFactor, Inc. Reports 2023 Fourth Quarter And Fiscal 2023 Results

IonQ

This article looks at several undervalued quantum computing stocks for investors to consider. Quantum computing is an innovative technology that utilizes the principles of quantum mechanics to tackle highly intricate problems beyond the capabilities of classical computers.

The 3 Most Undervalued Quantum Computing Stocks to Buy in January

LIVERMORE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2023 fiscal fourth quarter on Wednesday, February 7th, 2024, at 1:25 p.m. Pacific Time. The public is invited to listen to a live webcast of FormFactor's conference call on the Investors section of the company's web site at www.formfactor.com.

FormFactor to Announce Fourth Quarter 2023 Financial Results on February 7th

Quantum Computing

Quantum computing is the next evolution of computing. Its benefit is that, at its core, it is capable of solving problems that classical computers cannot.

3 Quantum Computing Stocks to Make You the Millionaire Next Door: 2024 Edition

LIVERMORE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the 26th Annual Needham Growth Conference on January 17, 2024.

FormFactor Inc. To Present At The 26th Annual Needham Growth Conference

Alphabet

NVIDIA

D-Wave Quantum Inc

Arqit Quantum Inc

Quantum computing stocks have emerged as one of the growth sectors of late 2023. Quantum computers have been in development for several decades and the field is continuing to progress.

7 Quantum Computing Stocks to Create 10X Returns

FormFactor (FORM) reported earnings 30 days ago. What's next for the stock?

FormFactor (FORM) Up 13.4% Since Last Earnings Report: Can It Continue?

LIVERMORE, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced that it will be joining 14 other companies in collectively hosting the 12th Annual NYC Summit investor conference, being held Tuesday, December 12th at Mastro's New York.

FormFactor Announces Participation in 12th Annual NYC Summit

FormFactor's (FORM) third-quarter 2023 results suffer from softness in probe cards. Weak demand for DRAM and Flash hurt top-line growth.

FormFactor (FORM) Q3 Earnings Beat, Revenues Decline Y/Y

FormFactor, Inc. (NASDAQ:FORM ) Q3 2023 Results Conference Call November 1, 2023 4:25 PM ET Company Participants Mike Slessor - Chief Executive Officer Shai Shahar - Chief Financial Officer Stan Finkelstein - VP of Investor Relations Conference Call Participants Krish Sankar - TD Cowen Brian Chin - Stifel Charles Shi - Needham & Company Vedvati Shrotre - Jefferies Tom Diffely - D.A. Davidson Gus Richard - Northland Christian Schwab - Craig-Hallum Craig Ellis - B.

FormFactor, Inc. (FORM) Q3 2023 Earnings Call Transcript

Delivers Revenue Near the High End of Outlook Range; Completes Sale of FRT, Announces Additional $75 Million Stock Repurchase Authorization Delivers Revenue Near the High End of Outlook Range; Completes Sale of FRT, Announces Additional $75 Million Stock Repurchase Authorization

FormFactor, Inc. Reports 2023 Third Quarter Results

Camtek

MIGDAL HAEMEK, Israel , Nov. 1, 2023 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), a leading manufacturer of metrology and inspection equipment, is pleased to announce today the closing of its acquisition of FRT Metrology ("FRT") business for $100 million in cash, subject to customary purchase price adjustments, from FormFactor (Nasdaq: FORM) which was initially announced September 18, 2023.

Camtek Announces the Closing of its Acquisition of FRT Metrology

Honeywell

Intel

Microsoft

Defiance Quantum ETF

Quantum computing stocks represent an industry that has been around for a while. The field leverages quantum mechanics at subatomic scales and is being applied to boost computing speeds.

7 Quantum Computing Stocks That AI Will Send Soaring

LIVERMORE, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2023 fiscal third quarter on Wednesday, November 1st, 2023, at 1:25 p.m. Pacific Time. The public is invited to listen to a live webcast of FormFactor's conference call on the Investors section of the company's web site at www.formfactor.com.

FormFactor to Announce Third Quarter 2023 Financial Results on November 1st

Quantum computing will open up a new realm of possibilities. Right now, many potential discoveries are beyond our reach.

3 Quantum Computing Stocks Preparing to Skyrocket in 2024

To facilitate its next stage of growth, FRT will join Camtek, a leading supplier in inspection and metrology. MIGDAL HAEMEK, Israel and LIVERMORE, Calif.

Camtek to Acquire FormFactor's FRT Metrology Business

Lockheed Martin

Rigetti Computing

Another week, another list for one of the stock market's hottest sectors in 2023: quantum computing. Though generative artificial intelligence has taken up most of the attention in 2023 for its profound abilities to compile information and present it in a digestible manner, quantum is likely to spur a true revolution in mankind's technological capabilities.

3 Quantum Computing Stocks to Buy to Turn $1000 Into $1 Million

The shares of top quantum computing companies won't stay cheap for long. Quantum computing is set to revolutionize our civilization and intersect the existing super-cycles of AI, nuclear fusion research, climate change, and shifts in sociology.

3 Up-and-Coming Quantum Computing Stocks to Put on Your Must-Buy List

Analog Devices

Market volatility has struck again. Last week, U.S. equities continued their slide in August, leaving many market-watchers wondering whether or not equities in general had reached their peak.

Don't Sleep on These 3 Quantum Computing Stocks That Will Mint Millionaires

FormFactor's (FORM) second-quarter results benefit from strength in the systems business amid weak demand for DRAM and Foundry & Logic.

FormFactor's (FORM) Q2 Earnings Beat, Revenues Decline Y/Y

FormFactor, Inc. (NASDAQ:FORM ) Q2 2023 Results Conference Call August 2, 2023 4:25 PM ET Company Participants Stan Finkelstein - VP of Investor Relations Michael Slessor - Chief Executive Officer Shai Shahar - Chief Financial Officer Conference Call Participants Krish Sankar - Cowen Charles Shi - Needham & Company Craig Ellis - B. Riley David Duley - Steelhead Securities Christian Schwab - Craig-Hallum Tom Diffely - DA Davidson Gus Richard - Northland Capital Markets Brian Chin - Stifel Operator Thank you and welcome everyone to FormFactor's Second Quarter 2023 Earnings Conference Call.

FormFactor, Inc. (FORM) Q2 2023 Earnings Call Transcript

FormFactor (FORM) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.46 per share a year ago.

FormFactor (FORM) Tops Q2 Earnings Estimates

Strong Gross Margin and Good Expense Control Drive Higher Than Expected Profitability; Experiencing Stable Demand in Q3 Strong Gross Margin and Good Expense Control Drive Higher Than Expected Profitability; Experiencing Stable Demand in Q3

News for FormFactor Stock (FORM)