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Stock impact report

FormFactor, Inc. Reports 2022 First Quarter Results

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., 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 award program Distinguished Supplier “FormFactor again posted strong results in the first quarter, delivering the second-highest quarterly revenue in Company history and exceeding the non-GAAP gross margin and operating margin levels of our target financial model,” said Mike Slessor, CEO of FormFactor, Inc. “These results demonstrate the resilience and agility of our te Show less Read more
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