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 .
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.
Mechanical,
Axcelis Technologies,
Raytheon Company,
Business administration,
University,
Factor of safety,
Senior,
Southern New Hampshire University,
Manufacturing operations,
Global Operations,
Management 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.
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.
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.”
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.
Retrieved on:
Wednesday, January 10, 2024
LIVERMORE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2023 fiscal fourth quarter on Wednesday, February 7th, 2024, at 1:25 p.m. Pacific Time.
Key Points:
- LIVERMORE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2023 fiscal fourth quarter on Wednesday, February 7th, 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.
- Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN.
- A replay of the conference call will be available approximately two hours after the conclusion of the call.
LIVERMORE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the 26th Annual Needham Growth Conference on January 17, 2024.
Key Points:
- LIVERMORE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the 26th Annual Needham Growth Conference on January 17, 2024.
- FormFactor is scheduled to present on Wednesday, January 17 at 9:30AM ET.
- The company’s Chief Execute Officer, Michael Slessor, will present.
- The public is invited to listen to a live webcast of FormFactor's presentations, which can be accessed from the investors' section of the company's website at www.formfactor.com .
Retrieved on:
Tuesday, November 14, 2023
LIVERMORE, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced that it will be joining 14 other companies in collectively hosting the 12th Annual NYC Summit investor conference, being held Tuesday, December 12th at Mastro’s New York.
Key Points:
LIVERMORE, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced that it will be joining 14 other companies in collectively hosting the 12th Annual NYC Summit investor conference, being held Tuesday, December 12th at Mastro’s New York.
Retrieved on:
Wednesday, November 1, 2023
Sale,
DRAM,
Factor of safety,
FORM,
GAAP,
Foundry,
Environment,
FRT,
Growth,
Overalls,
Silicon,
Security (finance),
Bank LIVERMORE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the third quarter of fiscal 2023 ended September 30, 2023.
Key Points:
- LIVERMORE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the third quarter of fiscal 2023 ended September 30, 2023.
- Gross margin for the third quarter of fiscal 2023 was 40.4%, compared with 38.7% in the second quarter of fiscal 2023, and 34.4% in the third quarter of fiscal 2022.
- On a non-GAAP basis, gross margin for the third quarter of fiscal 2023 was 41.8%, compared with 40.6% in the second quarter of fiscal 2023, and 39.0% in the third quarter of fiscal 2022.
- GAAP net cash provided by operating activities for the third quarter of fiscal 2023 was $20.6 million, compared to $22.5 million for the second quarter of fiscal 2023, and $24.2 million for the third quarter of fiscal 2022.
