FormFactor: Q1 Earnings Insights

FormFactor FORM reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:25 PM.

Here's what investors need to know about the announcement.

Earnings

FormFactor beat estimated earnings by 23.08%, reporting an EPS of $0.16 versus an estimate of $0.13.

Revenue was down $29.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 12.02% increase in the share price the next day.

Here's a look at FormFactor's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.03 0.21 0.42 0.39
EPS Actual 0.05 0.24 0.46 0.49
Revenue Estimate 155.29M 183.03M 203.06M 194.38M
Revenue Actual 165.99M 180.87M 203.91M 197.17M

To track all earnings releases for FormFactor visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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FORMFormFactor Inc
$29.80-0.57%

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