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Why FormFactor, Inc. Stock Rose 32% in May [The Motley Fool]

FORMFACTOR (FORM)  More Company Research Source: The Motley Fool
Last formfactor earnings: 10/31 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.formfactor.com
PDF The chip testing specialist crushed Wall Street's estimates in the first quarter, signaling strength across the semiconductor industry as a whole. Anders Bylund ( TMFZahrim ) Jun 10, 2017 at 10:20AM What happened Shares of FormFactor ( NASDAQ:FORM ) gained 32.4% in May 2017, according to data from S&P Global Market Intelligence . So what The maker of test and measurement systems for the semiconductor manufacturing industry reported first-quarter results in early May, and its share prices surged 27% higher in the next two days. Sales increased by 140% year over year to land at $129 million, helped by the acquisition of sector peer Cascade Microtech, which closed at the end of June 2016. The bottom line swung from a $0.11 loss per share to $0.24 of adjusted earnings per share. Both results were comfortably ahead of analyst projections. [Read more]

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