Factor of safety

FormFactor to Announce First Quarter 2024 Financial Results on May 1st

Retrieved on: 
Wednesday, April 10, 2024

LIVERMORE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2024 fiscal first quarter on Wednesday, May 1st, 2024, at 1:25 p.m. Pacific Time.

Key Points: 
  • LIVERMORE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2024 fiscal first quarter on Wednesday, May 1st, 2024, at 1:25 p.m. Pacific Time.
  • The public is invited to listen to a live webcast of FormFactor's conference call on the Investors section of the company's web site at www.formfactor.com .
  • A replay of the conference call will be available approximately two hours after the conclusion of the call.
  • The replay will be available on the Investors section of our website www.formfactor.com .

Probe Cards Market Projected to Reach $6.04 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Saturday, April 13, 2024

Probe cards are crucial tools for testing the electrical performance of wafers, ensuring the functionality and reliability of integrated circuits (ICs) before packaging.

Key Points: 
  • Probe cards are crucial tools for testing the electrical performance of wafers, ensuring the functionality and reliability of integrated circuits (ICs) before packaging.
  • The surge in demand for consumer electronics, automotive components, and IoT devices worldwide drives the semiconductor industry's growth and, consequently, the need for advanced probe cards.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Probe Cards Market.
  • "Dive into the Probe Cards Market Landscape: Explore 184 Pages of Insights, 660 Tables, and 30 Figures"

Probe Cards Market Projected to Reach $6.04 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Saturday, April 13, 2024

Probe cards are crucial tools for testing the electrical performance of wafers, ensuring the functionality and reliability of integrated circuits (ICs) before packaging.

Key Points: 
  • Probe cards are crucial tools for testing the electrical performance of wafers, ensuring the functionality and reliability of integrated circuits (ICs) before packaging.
  • The surge in demand for consumer electronics, automotive components, and IoT devices worldwide drives the semiconductor industry's growth and, consequently, the need for advanced probe cards.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Probe Cards Market.
  • "Dive into the Probe Cards Market Landscape: Explore 184 Pages of Insights, 660 Tables, and 30 Figures"

FormFactor Earns Intel’s 2024 EPIC Distinguished Supplier Award

Retrieved on: 
Thursday, March 28, 2024

LIVERMORE, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- FormFactor is proud to announce that it has earned Intel’s EPIC Distinguished Supplier Award.

Key Points: 
  • LIVERMORE, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- FormFactor is proud to announce that it has earned Intel’s EPIC Distinguished Supplier Award.
  • “As one of the 27 Distinguished Supplier Award recipients in 2024, FormFactor stands out among suppliers in Intel’s trusted supply chain,” said Keyvan Esfarjani, chief global operations officer at Intel.
  • The EPIC Distinguished Award is the second-highest honor a supplier can achieve.
  • To qualify for an Intel EPIC Distinguished Supplier Award, suppliers must exceed expectations, meet aggressive performance goals, and score 80 percent or higher in performance assessments throughout the year.

FormFactor Appoints New Board Member

Retrieved on: 
Thursday, March 21, 2024

LIVERMORE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced the appointment of Kevin Brewer to its Board of Directors effective immediately.

Key Points: 
  • LIVERMORE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced the appointment of Kevin Brewer to its Board of Directors effective immediately.
  • “We are pleased to welcome Kevin Brewer to the Board of Directors of FormFactor,” said Tom St. Dennis, Chairperson of the Board of Directors.
  • “Kevin has a strong background in finance and operations that will be of great value to FormFactor as the company achieves and surpasses our target financial model.”
    Mr.
  • Brewer joins the FormFactor Board of Directors with over 40 years of experience in the semiconductor and high-tech industries.

Keysight Showcases Solutions Accelerating AI Adoption for Data Center and Cloud Service Providers at OFC 2024

Retrieved on: 
Monday, March 11, 2024

Linear drive optics: Linear drive optical transceivers exhibit lower latency, power consumption, and cost than traditional re-timed transceivers making then an ideal solution for AI applications.

Key Points: 
  • Linear drive optics: Linear drive optical transceivers exhibit lower latency, power consumption, and cost than traditional re-timed transceivers making then an ideal solution for AI applications.
  • This demo showcases Keysight’s validation solutions for the CEI-112G-Linear-PAM4 standard on linear pluggable optics, including new measurements such as EECQ (Electrical Eye Closure Quaternary) and new reference receiver equalization techniques.
  • 800ZR transceiver test: New interoperability solutions in 800ZR, 400ZR, and OpenZR+ optics are needed to address the unprecedented demand for next-generation network solutions that will support future AI needs.
  • Photonic IC testing: Collaborating with FormFactor, Keysight presents a complete measurement automation and probing solution for photonic integrated circuits (PIC).

FormFactor and Tabor Electronics Collaborate to Demonstrate a Full Stack 5-Qubit Quantum Computer, Powered by QuantWare

Retrieved on: 
Thursday, February 29, 2024

The result of this collaboration shows the ability of the partnering companies to support the quantum industry with their respective technologies.

Key Points: 
  • The result of this collaboration shows the ability of the partnering companies to support the quantum industry with their respective technologies.
  • The turnkey Quantum Computer demonstrates a 250% improvement in T1 times compared to similar small-scale systems, enabling higher qubit fidelity and more quantum operations per cycle.
  • As the quantum computing industry expands rapidly, the need for practical test beds and a trained workforce increases every year.
  • The Echo-5Q offers scientists and engineers immediate access to high quality physical qubits for the development of staff and testing of new technologies.

FormFactor Announces the Closing of its Divestiture of China Operations

Retrieved on: 
Monday, February 26, 2024

LIVERMORE, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce the closing of its sale of FormFactor’s Suzhou and Shanghai companies to Grand Junction Semiconductor Pte.

Key Points: 
  • LIVERMORE, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce the closing of its sale of FormFactor’s Suzhou and Shanghai companies to Grand Junction Semiconductor Pte.
  • Ltd. (GJS), for $25M in cash, subject to taxes and customary purchase price adjustments.
  • “This transaction is designed to adjust our operational strategy in the region in light of export controls that have caused our China revenues to decline over the past several quarters,” Mike Slessor, FormFactor CEO, commented.
  • “Through this sale and ongoing exclusive partnership with GJS, we are better positioned to effectively serve the growing domestic China market.”

FormFactor, Inc. Reports 2023 Fourth Quarter And Fiscal 2023 Results

Retrieved on: 
Wednesday, February 7, 2024

Gross margin for the fourth quarter of 2023 was 40.4%, compared with 40.4% in the third quarter of 2023, and 27.2% in the fourth quarter of 2022.

Key Points: 
  • Gross margin for the fourth quarter of 2023 was 40.4%, compared with 40.4% in the third quarter of 2023, and 27.2% in the fourth quarter of 2022.
  • On a non-GAAP basis, net income for the fourth quarter of fiscal 2023 was $15.7 million, or $0.20 per fully-diluted share, compared to net income for the third quarter of fiscal 2023 of $17.3 million, or $0.22 per fully-diluted share, and net income for the fourth quarter of fiscal 2022 of $4.1 million, or $0.05 per fully-diluted share.
  • GAAP net cash provided by operating activities for the fourth quarter of fiscal 2023 was $9.3 million, compared to $20.6 million for the third quarter of fiscal 2023, and $20.7 million for the fourth quarter of fiscal 2022.
  • Free cash flow for the fourth quarter of fiscal 2023 was negative $0.3 million, compared to free cash flow for the third quarter of fiscal 2023 of $16.9 million, and free cash flow for the fourth quarter of 2022 of negative $5.4 million.

ServiceTitan Appoints Michele O’Connor as Chief Accounting Officer

Retrieved on: 
Tuesday, January 16, 2024

ServiceTitan , a software platform built to power the trades, today announced Michele O’Connor as its new Chief Accounting Officer (CAO).

Key Points: 
  • ServiceTitan , a software platform built to power the trades, today announced Michele O’Connor as its new Chief Accounting Officer (CAO).
  • O’Connor most recently served as Chief Accounting Officer at Veeva Systems, and was a key leader in driving the preparation and public company readiness process for their IPO in October 2013.
  • O’Connor will be responsible for the oversight of all global accounting and finance operations.
  • View the full release here: https://www.businesswire.com/news/home/20240116403757/en/
    Michele O'Connor, Chief Accounting Officer at ServiceTitan (Photo: Business Wire)
    “At ServiceTitan, we’re committed to building a team of leaders with the experience and expertise necessary to ensure our success, and most importantly the success of our customers," said Dave Sherry, Chief Financial Officer at ServiceTitan.