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

FormFactor

03/08/2023 01:01

* FormFactor Inc  FORM.OQ  reported quarterly adjusted
earnings of
14 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
14 cents per share.
    * Revenue fell 23.5% to $155.92 million from a year ago;
analysts
expected $162.32 million. 
    * FormFactor Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * FormFactor Inc shares had risen by 8.6% this quarter and
gained 67.2% so far this year.
    * The company reported quarterly net income of $828
thousand.
    * Wall Street's median 12-month price target for FormFactor
Inc is
$34.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 12:00 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.14           0.14           Met
 Mar. 31 2023      0.13           0.16           Beat
 Dec. 31 2022      0.03           0.05           Beat
 Sep. 30 2022      0.21           0.24           Beat