FormFactor Inc reports results for the quarter ended in December - Earnings Summary

FormFactor

08/02/2023 22:02

* FormFactor Inc  FORM.OQ  reported quarterly adjusted
earnings of
5 cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
3 cents per share.
    * Revenue fell 19% to $165.99 million from a year ago;
analysts
expected $155.29 million. 
    * FormFactor Inc's reported EPS for the quarter was a loss
of 18
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * FormFactor Inc shares had risen by 32.4% this quarter.
    * The company reported a quarterly loss of $13.73 million.
    * Wall Street's median 12-month price target for FormFactor
Inc is
$30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
8 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.03           0.05           Beat
 Sep. 30 2022      0.21           0.24           Beat
 Jun. 30 2022      0.43           0.46           Beat
 Mar. 31 2022      0.39           0.49           Beat