FormFactor, Inc. Reports 2024 Third Quarter Results

Go back to FormFactor, Inc. Reports 2024 Third Quarter Results

B.Riley Reiterates Buy Rating on FormFactor (FORM)

October 31, 2024 5:59 AM EDT

B.Riley analyst Craig Ellis reiterated a Buy rating and $64.00 price target on FormFactor (NASDAQ: FORM)

The analyst comments "Wednesday, 10/30 AMC, FORMs 3Q24 print was solidly ahead on headline sales and EPS, but 4Qs sales and EPS guide were slightly below and a bit more than we previewed amidst expected record DRAM sale with HBM strength. Overall, we believe... More

FormFactor (FORM) Tops Q3 EPS by 4c, Beats on Revenue; Offers Q4 Guidance

October 30, 2024 4:05 PM EDT

FormFactor (NASDAQ: FORM) reported Q3 EPS of $0.35, $0.04 better than the analyst estimate of $0.31. Revenue for the quarter came in at $207.92 million versus the consensus estimate of $200.29 million.

GUIDANCE:

FormFactor sees Q4 2024 EPS of $0.25-$0.33, versus the consensus of $0.34. FormFactor sees Q4... More