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Stock impact report

Why Is FormFactor (FORM) Up 3.5% Since Last Earnings Report? [Yahoo! Finance]

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: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is FormFactor due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. FormFactor delivered third-quarter 2024 adjusted earnings of 35 cents per share, beating the Zacks Consensus Estimate by 12.90%. The figure jumped 59.1% year over year. Revenues of $207.9 million beat the Zacks Consensus Estimate by 3.7% and increased 21.2% year over year. Top-line growth was driven by continued strength in the DRAM probe-card business, which increased 118.9% year over year. Probe card revenues were $172.2 million, up 34.1% year over year. Foundry & Logic revenues (accounting for 51.7% of the total revenues) were $107.5 million, up 11.5% year over year. DRAM revenues (29% of revenues) were $60.2 million, up 118.9% year over year. Strong DDR5 demand drove Show less Read more
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