FormFactor (FORM) Tops Q2 EPS by 2c

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FormFactor, Inc. Reports Second Quarter Results

August 2, 2016 4:07 PM EDT

LIVERMORE, CA -- (Marketwired) -- 08/02/16 -- FormFactor, Inc. (NASDAQ: FORM), today announced its financial results for the second quarter of fiscal 2016 ended June 25, 2016. Revenues were $83.1 million, up 55% from $53.6 million reported in the first quarter and up 12% for the second quarter year-over-year.

"Our strong revenue result -- the highest level since 2007 -- reflects our solid execution as we doubled our Foundry and Logic shipments for a key customer and experienced improvement in our DRAM business," said Mike Slessor, CEO of FormFactor, Inc. "In addition, we completed the acquisition of Cascade Microtech, to... More