FormFactor (FORM) Misses Q4 EPS by 3c

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FormFactor, Inc. Reports Strong Fourth Quarter and Full Year 2017 Results

February 7, 2018 4:05 PM EST

LIVERMORE, Calif., Feb. 07, 2018 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the fourth quarter of fiscal 2017 ended December 30, 2017. Quarterly revenues were $131.9 million, down 8.2% from $143.7 million reported in the third quarter of fiscal 2017, and up 6.5% from $123.9 million in the fourth quarter of fiscal 2016. For fiscal 2017, FormFactor posted revenues of $548.4 million, up 42.9% from $383.9 million in fiscal 2016, and achieved the following milestones during 2017:

Delivered strong revenue growth across Probe Cards and Systems segmentsSolid execution in a first full year as combined Cascade Microtech and FormFactor companyDemonstrated significant... More