Form 8-K FORMFACTOR INC For: Oct 28

Go back to Form 8-K FORMFACTOR INC For: Oct 28

FormFactor (FORM) Tops Q3 EPS by 5c; Appoints New CEO

October 29, 2014 4:48 PM EDT

FormFactor (NASDAQ: FORM) reported Q3 EPS of $0.16, $0.05 better than the analyst estimate of $0.11. Revenue for the quarter came in at $73.9 million versus the consensus estimate of $72.55 million.

The company also announced that its Board of Directors has unanimously approved a CEO succession plan. Michael Slessor, President of the Company, will succeed Thomas (Tom) St. Dennis as CEO on December 28, 2014, the start of the Company's fiscal 2015. Mr. St. Dennis will continue to serve as Executive Chairman of the Board of Directors, helping guide inorganic growth and FormFactor's long-term opportunities.

Dr.... More