FormFactor (FORM) Reports Q3 EPS of $0.22; Offers Q4 Outlook

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FormFactor, Inc. Reports Third Quarter Results

October 27, 2016 4:05 PM EDT

LIVERMORE, Calif., Oct. 27, 2016 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the third quarter of fiscal 2016 ended September 24, 2016. Revenues were $123.3 million, up 48% from $83.1 million reported in the second quarter and up 87% for the third quarter year-over-year. 

In our initial quarter following the Cascade Microtech acquisition we delivered strong results, said Mike Slessor, CEO of FormFactor, Inc. These results are the product of continued strength in FormFactors core probe card business, combined with the growing probe card and engineering systems businesses from Cascade Microtech. These results also demonstrate the... More