FormFactor, Inc. Reports 2021 First Quarter Results

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FormFactor (FORM) PT Raised to $57 at Needham & Company

April 29, 2021 6:51 AM EDT

Needham & Company analyst Charles Shi raised the price target on FormFactor (NASDAQ: FORM) to $57.00 (from $54.00) while maintaining a Buy rating.

The analyst commented, "FormFactor reported 1Q21 results in line with our estimates. The company's 2Q21 guidance was mixed, with revenue ahead... More

FormFactor (FORM) Misses Q1 EPS by 1c

April 28, 2021 4:45 PM EDT

FormFactor (NASDAQ: FORM) reported Q1 EPS of $0.38, $0.01 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $186.6 million versus the consensus estimate of $183 million.

Our revenue and gross margin performance, paired with good operating expense control, produced solid quarterly... More