FormFactor (FORM) Tops Q3 EPS by 4c

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FormFactor, Inc. Reports 2021 Third Quarter Results

October 27, 2021 4:02 PM EDT

LIVERMORE, Calif., Oct. 27, 2021 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the third quarter of fiscal 2021 ended September 25, 2021. Quarterly revenues were $190.0 million, an increase of 1.0% compared to $188.1 million in the second quarter of fiscal 2021, and an increase of 6.7% from $178.0 million in the third quarter of fiscal 2020.

Strong demand in all our businesses produced revenue at the high-end of the outlook rangeGross margin improvement of 160 basis points, driven primarily by more-favorable product mix within specific... More