FormFactor (FORM) Tops Q1 EPS by 1c

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Go back to FormFactor (FORM) Tops Q1 EPS by 1c

FormFactor, Inc. Reports 2018 First Quarter Results

May 2, 2018 4:05 PM EDT

LIVERMORE, Calif., May 02, 2018 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2018 ended March 31, 2018. Quarterly revenues were $118.3 million, down 10.3% from $131.9 million reported in the fourth quarter of fiscal 2017, and down 8.2% from $128.8 million reported in the first quarter of fiscal 2017.

Strong probe card demand in Foundry and Logic, aside from delay in large customer's rampRobust probe card DRAM demandContinued momentum in Engineering Systems business

Mike Slessor, CEO of FormFactor, Inc. said, Despite an anticipated reduction in revenues from... More