FormFactor (FORM) Tops Q1 EPS by 13c; Not Providing Outlook

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Go back to FormFactor (FORM) Tops Q1 EPS by 13c; Not Providing Outlook

FormFactor, Inc. Reports 2020 First Quarter Results

May 6, 2020 4:05 PM EDT

LIVERMORE, Calif., May 06, 2020 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2020 ended March 28, 2020. Quarterly revenues were $160.8 million, down 10.0% from $178.6 million in the fourth quarter of fiscal 2019, and up 21.6% from $132.2 million in the first quarter of fiscal 2019.

Strong performance driven by strong Foundry and Logic probe card demand during the first 11 weeks of the quarterSecond consecutive quarter of results validating target financial modelLiquidity, balance sheet and cost structure provide resilience to weather an economic... More