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Stock impact report

FormFactor Provides Business Update for the Fiscal Quarter Ending March 28, 2020

FormFactor, Inc. (FORM) 
Last formfactor, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.formfactor.com
Company Research Source: GlobeNewswire
LIVERMORE, Calif., March 17, 2020 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) is providing the following business update: On March 16, 2020, multiple Bay Area counties in California issued “shelter-in-place” orders (“Orders”).  We are complying with the Orders by temporarily ceasing on-site manufacturing at our Livermore and San Jose facilities effective March 17, 2020.  This will impact the Company’s manufacturing of certain products, and therefore may impact our ability to meet our fiscal first quarter 2020 financial outlook as previously communicated. We are also closely monitoring impacts to our supply chain which may result from these Orders and other developments globally. Our first quarter 2020 financial outlook was communicated on February 5, 2020 based upon information available as of that time. As a result of the disruption and uncertainty following the Orders, the Company is withdrawing its fiscal first quarter 2020 financial outlook. Our top priority remains the Show less Read more
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