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

FormFactor

04/05/2023 01:02

* FormFactor Inc  FORM.OQ  reported quarterly adjusted
earnings of
16 cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
13 cents per share.
    * Revenue fell 15.1% to $167.45 million from a year ago;
analysts
expected $161.42 million. 
    * FormFactor Inc's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had risen by
about 74.3%
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 fallen by 14.6% this quarter and
gained 22.4% so far this year.
    * The company reported quarterly net income of $1.34
million.
    * Wall Street's median 12-month price target for FormFactor
Inc is
$34.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 12:02 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.13           0.16           Beat
 Dec. 31 2022      0.03           0.05           Beat
 Sep. 30 2022      0.21           0.24           Beat
 Jun. 30 2022      0.43           0.46           Beat