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FORM Q1 Earnings Surpass Estimates, Stock Rises on Positive Outlook
ZACKS· 2025-05-02 01:05
FormFactor (FORM) reported first-quarter 2025 non-GAAP earnings of 23 cents per share, surpassing the Zacks Consensus Estimate by 21.05%. The bottom line increased 27.8% from the year-ago quarter.Revenues of $171.4 million beat the Zacks Consensus Estimate by 0.79% and increased 1.6% year over year. However, FormFactor reported a 9.6% sequential decline in first-quarter revenues due to anticipated reductions in demand for DRAM probe cards and Systems.Following the earnings release, FormFactor’s shares jumpe ...