FormFactor, Inc. Raises Financial Outlook for Fourth Quarter Fiscal 2019
FormFactor, Inc. (FORM)
Last formfactor, inc. earnings: 2/5 04:05 pm
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Source: GlobeNewswire
LIVERMORE, Calif., Dec. 11, 2019 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today updated its prior outlook for Revenue, Gross Margins and Earnings Per share for its fiscal fourth quarter of 2019 ending December 28, 2019. FormFactor now expects the following outlook*: GAAP Reconciling Items** Non-GAAPRevenue$170 million to $178 million million — $170 million to $178 million millionGross Margin39% to 42% $7 million 43% to 46%Net income per diluted share$0.13 to $0.21 $0.14 $0.27 to $0.35 *This outlook assumes consistent foreign currency rates.**Reconciling items are amortization of intangibles, stock-based compensation, restructuring charges, and acquisition related expenses. Mike Slessor, CEO of FormFactor, Inc., said, “The incremental demand driving our increased outlook ranges reflects the same factors that contributed to our previously disclosed, sequentially-stronger fourth quarter outlook: Strength in Foundry and Logic, overlaid on continued robust de
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News
- FormFactor, Inc. (NASDAQ: FORM) had its price target raised by analysts at Stifel Nicolaus from $36.00 to $42.00. They now have a "hold" rating on the stock.MarketBeat
- Optimism for FormFactor (NASDAQ:FORM) has grown this past week, despite five-year decline in earnings [Yahoo! Finance]Yahoo! Finance
- FormFactor, Inc. (NASDAQ: FORM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- FormFactor, Inc. (NASDAQ: FORM) is now covered by analysts at Evercore ISI. They set an "in-line" rating and a $50.00 price target on the stock.MarketBeat
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FORM
Earnings
- 2/7/24 - Beat
FORM
Sec Filings
- 4/2/24 - Form 4
- 4/1/24 - Form 144
- 4/1/24 - Form DEFA14A
- FORM's page on the SEC website