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Stock impact report

FormFactor, Inc. Raises Financial Outlook for Fourth Quarter Fiscal 2019

FormFactor, Inc. (FORM) 
Last formfactor, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.formfactor.com
Company Research Source: GlobeNewswire
LIVERMORE, Calif., Dec. 11, 2019 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today updated its prior outlook for Revenue, Gross Margins and Earnings Per share for its fiscal fourth quarter of 2019 ending December 28, 2019. FormFactor now expects the following outlook*:  GAAP Reconciling Items** Non-GAAPRevenue$170 million to $178 million million  — $170 million to $178 million millionGross Margin39% to 42% $7 million 43% to 46%Net income per diluted share$0.13 to $0.21 $0.14 $0.27 to $0.35               *This outlook assumes consistent foreign currency rates.**Reconciling items are amortization of intangibles, stock-based compensation, restructuring charges, and acquisition related expenses. Mike Slessor, CEO of FormFactor, Inc., said, “The incremental demand driving our increased outlook ranges reflects the same factors that contributed to our previously disclosed, sequentially-stronger fourth quarter outlook: Strength in Foundry and Logic, overlaid on continued robust de Show less Read more
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