Welcome to our dedicated page for FormFactor news (Ticker: FORM), a resource for investors and traders seeking the latest updates and insights on FormFactor stock.
FormFactor Inc. (NASDAQ: FORM) is a prominent provider of critical test and measurement solutions across the entire integrated circuit (IC) lifecycle. The company's offerings span from characterization, modeling, and reliability to design debug, qualification, and production testing. FormFactor’s products and services are crucial for semiconductor companies aiming to enhance profitability by optimizing device performance and improving yield knowledge.
The company is structured into two main segments: the Probe Cards Segment and the Systems Segment. The Probe Cards Segment includes the sale of probe cards and analytical probes, which are key to testing the electrical performance of semiconductor wafers. This segment generates the majority of the company's revenue. The Systems Segment encompasses the sale of probe stations and thermal sub-systems, critical for various testing and measurement applications.
Recently, FormFactor has made significant strides, such as completing the sale of FRT and securing an additional $75 million stock repurchase authorization. The company reported Q4 revenue and gross margin above the mid-point of its outlook range and anticipates a consistent demand environment going into Q1. Furthermore, the company continues to innovate in the quantum computing space with the launch of the Echo-5Q, a fully integrated quantum computing system designed to facilitate research and workforce development.
FormFactor operates through a global network of facilities in Asia, Europe, and North America, reflecting its broad market reach and customer base. For more information, visit their website at www.formfactor.com.
FormFactor, Inc. (Nasdaq: FORM) reported Q3 fiscal 2020 results with revenues of $178 million, a 12.8% increase from Q2 and 26.6% year-over-year. The company achieved a gross margin of 43.1%, up from 41.9% in Q2 2020. Net income was $22.9 million, or $0.29 per share. FormFactor anticipates strong demand, reinforcing its positive outlook for Q4. Additionally, the company acquired High Precision Devices, enhancing its cryogenic test capabilities, relevant for emerging technologies like quantum computing.
FormFactor, Inc. (NASDAQ: FORM) will announce its financial results for the 2020 fiscal third quarter on October 28, 2020, at 1:25 p.m. PT. Investors can access the live webcast through the company's website. A replay will be available shortly after the call and will remain accessible until November 4, 2020. FormFactor specializes in test and measurement technologies for the semiconductor industry, aiding in device performance optimization and yield improvement.
FormFactor, Inc. (Nasdaq: FORM) will participate in the Sidoti & Company, LLC 2020 Investor Conference on September 24, 2020, at 12:15 pm EDT. Investors can access a live webcast of the presentation from the investor section of FormFactor's website, where a replay will also be available. FormFactor is a key provider of test and measurement technologies throughout the IC life cycle, aiding semiconductor companies in enhancing device performance and yield knowledge across its global facilities.
FormFactor, Inc. (NASDAQ: FORM) announced the launch of a new family of engineering probes designed to operate at cryogenic temperatures as low as 4 kelvin. These advanced probes support the testing needs of supercomputers and quantum computing devices, which require highly specialized tools for optimal performance. The cryogenic probe collection includes DCP Series Probes for DC testing, Multi-|Z| and T-Wave Probes for high-frequency RF applications, and LWP Series for optical applications. FormFactor aims to enhance testing capabilities at extreme temperatures, catering to the exponential growth in data centers and advanced technologies.
FormFactor, Inc. (NASDAQ: FORM) has partnered with Physik Instrumente (PI) in a new initiative called MeasureOne. This collaboration aims to enhance silicon photonics testing solutions, a market projected to grow at a CAGR of 19.7% from 2019 to 2027. The partnership leverages advanced technologies to streamline testing processes, significantly reducing time from days to mere minutes. Notable achievements include automated nano-precision positioning and the fastest photonic alignment capabilities. FormFactor's systems are currently utilized by over 20 leading silicon photonics manufacturers.
FormFactor, Inc. (NASDAQ: FORM) has launched the CM300xi-ULN, a state-of-the-art 300mm wafer probe system designed to test flicker noise, random telegraph noise, and phase noise. This system reduces environmental noise by over 97%, setting a new gold standard in ultra-low noise measurement. Key features include achieving -190dB spectral noise, integrated power management, and fully autonomous flicker noise thermal testing for increased efficiency. With these advancements, FormFactor aims to support the semiconductor industry's demand for precision and performance in device testing.
FormFactor, Inc. (Nasdaq: FORM) announces its participation in several upcoming investor conferences. Key dates include:
- Needham Virtual SemiCap and EDA Conference: August 13, 2020
- 2020 BMO Virtual Technology Summit: August 28, 2020
- Jefferies 2020 Virtual Semiconductor, IT Hardware, and Communications Infrastructure Summit: September 1, 2020
- Citi's 2020 Global Technology Virtual Conference: September 8, 2020, at 1:30 PM ET
A live webcast will be available on FormFactor's website, with replays accessible thereafter.
FormFactor, Inc. (Nasdaq: FORM) will host a Virtual Analyst Day on August 18, 2020, at 1:30 p.m. Pacific Time. Interested individuals can access the live webcast via the Investors section of the company's website at www.formfactor.com. FormFactor specializes in providing test and measurement technologies for the semiconductor industry, supporting clients globally through its facilities in Asia, Europe, and North America.
FormFactor, Inc. (Nasdaq: FORM) reported strong Q2 2020 results with revenues of $157.8 million, a 14.4% increase year-over-year. Net income rose to $20.5 million, or $0.26 per share. The company maintained a gross margin of 41.9% and completed the acquisition of Advantest's probe card assets, enhancing its market position. For Q3 2020, FormFactor forecasts revenues between $170 million to $182 million, with a gross margin of 44% to 47%. This reflects optimistic demand in the semiconductor sector, particularly in DRAM and mobile designs.
FormFactor, Inc. (NASDAQ: FORM) has rescheduled its earnings release for the 2020 fiscal second quarter to July 30, 2020, at 1:30 p.m. Pacific Time. Investors can join a live webcast on the company's website, with a replay available two hours post-call until August 6, 2020. FormFactor is a leading provider of test and measurement technologies throughout the IC lifecycle, supporting semiconductor companies in enhancing device performance and yield knowledge.
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