FormFactor (FORM) Misses Q1 EPS by 1c

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FormFactor, Inc. Reports 2021 First Quarter Results

April 28, 2021 4:05 PM EDT

LIVERMORE, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2021 ended March 27, 2021. Quarterly revenues were $186.6 million, a decrease of 5.3% compared to $197.0 million in the fourth quarter of fiscal 2020, and an increase of 16.1% from $160.8 million in the first quarter of fiscal 2020.

Robust Foundry & Logic and consistent DRAM results led to the second-highest quarterly revenue in Companys historyDifferentiated strengths in 5G and advanced packaging drove share gains exceeding Foundry & Logic market... More