FormFactor (FORM) Tops Q4 EPS by 10c; Guides Above

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FormFactor, Inc. Reports Fourth Quarter and Full Year 2019 Results

February 5, 2020 4:05 PM EST

LIVERMORE, Calif., Feb. 05, 2020 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the fourth quarter of fiscal 2019 ended December 28, 2019. Quarterly revenues were $178.6 million, up 27.0% from $140.6 million in the third quarter of fiscal 2019 and up 26.8% from $140.9 million in the fourth quarter of fiscal 2018. For fiscal 2019, FormFactor posted revenues of $589.5 million, up 11.3% from $529.7 million in fiscal 2018.

Benefitted from accelerated demand for Foundry & Logic probe cards, layered upon steady demand for other productsCaptured incremental demand by quickly and efficiently adding capacityDelivered record quarterly revenue, non-GAAP EPS and Free Cash... More