FormFactor (FORM) Tops Q1 EPS by 10c

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Go back to FormFactor (FORM) Tops Q1 EPS by 10c

FormFactor, Inc. Reports 2022 First Quarter Results

April 27, 2022 4:01 PM EDT

LIVERMORE, Calif., April 27, 2022 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2022 ended March 26, 2022. Quarterly revenues were $197.2 million, a decrease of 3.8% compared to $205.0 million in the fourth quarter of fiscal 2021, and an increase of 5.6% from $186.6 million in the first quarter of fiscal 2021.

Delivered revenue at the high end of outlook range, non-GAAP gross margin and EPS that exceeded outlook rangeAchieved record GAAP and non-GAAP operating income, non-GAAP net income, and free cash flowRecognized by Intel as a 2022 EPIC... More