New Risk • Aug 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€2.9m sold). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to €102, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 34x in the Semiconductor industry in Germany. Total returns to shareholders of 230% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €192 per share. Reported Earnings • Jul 30
Second quarter 2026 earnings released: EPS: US$0.72 (vs US$0.12 in 2Q 2025) Second quarter 2026 results: EPS: US$0.72 (up from US$0.12 in 2Q 2025). Revenue: US$258.2m (up 32% from 2Q 2025). Net income: US$56.2m (up US$47.1m from 2Q 2025). Profit margin: 22% (up from 4.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 30
FormFactor, Inc. Provides Earnings Guidance for the Third Quarter Ending September 26, 2026 FormFactor, Inc. provided earnings guidance for the third quarter ending September 26, 2026. For the quarter, the company expects revenue to be $270 million plus or minus $10 million and net income per diluted share to be $0.75 plus or minus $0.09. Annuncio • Jul 09
FormFactor, Inc. to Report Q2, 2026 Results on Jul 29, 2026 FormFactor, Inc. announced that they will report Q2, 2026 results at 1:25 PM, Pacific Standard Time on Jul 29, 2026 New Risk • Jul 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€2.9m sold). Recent Insider Transactions • Jun 08
Independent Director recently sold €681k worth of stock On the 2nd of June, Sheri Rhodes sold around 6k shares on-market at roughly €108 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.6m more than they bought in the last 12 months. Recent Insider Transactions • May 22
Independent Director recently sold €584k worth of stock On the 15th of May, Kelley Steven-Waiss sold around 5k shares on-market at roughly €108 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.1m more than they bought in the last 12 months. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. Independent Director Kevin Brewer was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 02
FormFactor, Inc. Provides Earnings Guidance for the Second Quarter Ending June 27, 2026 FormFactor, Inc. provided earnings guidance for the second quarter ending June 27, 2026. For the quarter, the company expects revenue of $240 million, +/- 5 million and Net income per diluted share of $0.46, +/- 0.04. In the second quarter, the company expects to again set a revenue record and deliver sequential increases in both gross margin and earnings per share, extending the momentum that began in the second half of last year. Annuncio • Apr 09
FormFactor, Inc. to Report Q1, 2026 Results on Apr 29, 2026 FormFactor, Inc. announced that they will report Q1, 2026 results at 1:25 PM, Pacific Standard Time on Apr 29, 2026 Annuncio • Mar 24
FormFactor, Inc., Annual General Meeting, May 15, 2026 FormFactor, Inc., Annual General Meeting, May 15, 2026. Annuncio • Mar 11
Formfactor Inc Introduces Flatiron Dilution Refrigerator for Benchtop Millikelvin Research and Quantum Hardware Validation FormFactor, Inc. introduced the Flatiron Dilution Refrigerator, a new benchtop millikelvin platform designed to simplify sub-kelvin optical and electrical measurements and accelerate quantum device development, characterization, and chip-scale validation. The Flatiron enables researchers and engineering teams to perform millikelvin experiments in a compact, lab-ready system that integrates easily into modern laboratories, reducing experimental overhead and time-to-data for both research and industrial quantum technology development. Traditional dilution refrigerators often require large lab footprints and time-consuming disassembly to change samples or reconfigure experiments, slowing research cycles and increasing the cost of testing. The Flatiron Dilution Refrigerator addresses these challenges with a novel horizontal benchtop architecture that provides ergonomic sample access, faster sample exchange, and easier integration with optical tables and standard lab equipment. By enabling frequent thermal cycling and rapid experiment iteration, Flatiron supports rapid hardware validation and characterization without the long cooldown cycles of full-scale systems, delivering faster insights at sub-kelvin temperatures. The Flatiron Dilution Refrigerator’s key features include: Millikelvin performance in a benchtop system, reaching base temperatures down to ~30 mK for advanced quantum device and materials measurements; Faster time-to-data through a horizontal benchtop design with quick, top-plate sample access, eliminating the need to remove multiple vacuum cans and radiation shields; Easy lab integration with a compact footprint of approximately 150 cm x 80 cm, designed to fit alongside optical tables and standard laboratory equipment; Integrated optical access via four cryogenic windows, supporting optical and electro-optical measurements at sub-kelvin temperatures. Annuncio • Feb 19
FormFactor, Inc. Announces Retirement of Kevin Brewer from the Board of Directors Kevin Brewer, a director of FormFactor, Inc. ("FormFactor") since 2024, notified FormFactor of his decision to retire from service on Board of Directors ("Board") following the completion of his current term. Consequently, Mr. Brewer will not stand for re-election to Board at 2026 Annual Meeting of Stockholders, which FormFactor anticipates holding on May 15, 2026. Mr. Brewer is currently a member of the Audit Committee and the Governance and Nominating Committee. Mr. Brewer served as the Chief Financial Officer and Executive Vice President of Global Operations for Axcelis Technologies, Inc. ("Axcelis"), a world-leading provider of equipment and services to the semiconductor manufacturing industry, from July 2013 until October of 2023, and had previously served in several other senior level positions at Axcelis since 1999, including Executive Vice President, Global Operations and Senior Vice President, Manufacturing Operations. Annuncio • Feb 05
FormFactor, Inc. Provides Earnings Guidance for the First Quarter Ending March 29, 2026 FormFactor, Inc. provided earnings guidance for the first quarter ending March 29, 2026. For the quarter, the company expects revenue of $225 million +/- $5 million and Net income per diluted share of $0.11 +/- $0.04. Annuncio • Jan 15
FormFactor, Inc. to Report Q4, 2025 Results on Feb 04, 2026 FormFactor, Inc. announced that they will report Q4, 2025 results on Feb 04, 2026 Annuncio • Dec 16
FormFactor, Inc. (NasdaqGS:FORM) acquired Keystone Photonics GmbH. FormFactor, Inc. (NasdaqGS:FORM) acquired Keystone Photonics GmbH on December 15, 2025.
FormFactor, Inc. (NasdaqGS:FORM) completed the acquisition of Keystone Photonics GmbH on December 15, 2025. Annuncio • Oct 30
FormFactor, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 27, 2025 FormFactor, Inc. provided earnings guidance for the fourth quarter ending December 27, 2025. For the quarter, the company expected revenue of $210 million +/- $5 million; Net income per diluted share of $0.19 +/- $0.04. Annuncio • Oct 16
FormFactor, Inc. to Report Q3, 2025 Results on Oct 29, 2025 FormFactor, Inc. announced that they will report Q3, 2025 results on Oct 29, 2025 Annuncio • Jul 31
FormFactor, Inc. Provides Earnings Guidance for Third Quarter Ending September 27, 2025 FormFactor, Inc. provided earnings guidance for third quarter ending September 27, 2025. For the quarter, the company expects GAAP Revenue of $200 million +/- $5 million. Net income per diluted share of $0.14 +/- $0.04. Annuncio • Jul 10
FormFactor, Inc. to Report Q2, 2025 Results on Jul 30, 2025 FormFactor, Inc. announced that they will report Q2, 2025 results on Jul 30, 2025 Annuncio • Apr 11
FormFactor, Inc. to Report Q1, 2025 Results on Apr 30, 2025 FormFactor, Inc. announced that they will report Q1, 2025 results on Apr 30, 2025 Annuncio • Apr 09
Formfactor, Inc. Introduces the Evolvity 300 Probe System FormFactor, Inc. has introduced the EVOLVITY 300, a semi-automated engineering wafer probe system that complements the company's proven CM300 product line. The EVOLVITY 300 simplifies on-wafer probing with its compact, easy-to-use design, developed specifically for RF/DC modeling and device characterization. While the CM300 is a modular platform adaptable to a wide range of use cases and customer-specific applications, supporting both manual and automated wafer loading, the EVOLVITY 300 includes the most commonly required features as standard, ensuring ease of use and quick deployment. Building on the trusted legacy of the Cascade S300 and Elite systems, the EVOLVity 300 provides a flexible, space-efficient platform that integrates into existing setups. Its compact design optimizes lab space and enables easy switching between applications such as advanced RF measurements, DC characterization, and probe cards. Additionally, the system offers automation options that simplify operations and provide greater flexibility for users. Key Features of the EVOLVITY 300: Mechanical Platen Lift: Enhances safety during complex RF set-ups, increasing operator confidence and minimizing the risk of errors. Ease-of-use and Advanced Automation: Full compatibility with FormFactor's Autonomous RF and DC measurement assistants as well as Velox Dash companion app control. Reconfigurable Platen Inserts: Quickly switch between TopHat, PCH, and IceShield inserts within minutes to support a wide variety of test configurations. Semiconductor companies rely upon FormFactor's products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. Annuncio • Apr 04
FormFactor, Inc., Annual General Meeting, May 16, 2025 FormFactor, Inc., Annual General Meeting, May 16, 2025. Annuncio • Feb 25
MBK Partners K.K. and FormFactor, Inc. (NasdaqGS:FORM) completed the acquisition of FICT Limited from Advantage Partners, Inc. MBK Partners K.K. and FormFactor, Inc. (NasdaqGS:FORM) agreed to acquire FICT Limited from Advantage Partners, Inc. on February 5, 2025. FormFactor will hold a minority, non-controlling stake of 20% and will be granted a seat on the company’s board of directors. All required regulatory and third-party approvals and conditions have been satisfied and the transaction is expected to close within the current quarter. FICT Limited reported revenue of ¥30 billion for fiscal year ending March 2024. Randy Laxer and Mitsutoshi Uchida of Morrison & Foerster LLP acted as legal advisors for FormFactor.
MBK Partners K.K. and FormFactor, Inc. (NasdaqGS:FORM) completed the acquisition of FICT Limited from Advantage Partners, Inc. on February 24, 2025. Annuncio • Jan 16
FormFactor, Inc. to Report Q4, 2024 Results on Feb 05, 2025 FormFactor, Inc. announced that they will report Q4, 2024 results at 1:25 PM, Pacific Standard Time on Feb 05, 2025 New Risk • Jan 05
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.4% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Annuncio • Nov 02
FormFactor, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 28, 2024 FormFactor, Inc. provided earnings guidance for the fourth quarter ending December 28, 2024. For the quarter, the company expects GAAP revenue of $190 million +/- $5 million and Net income per diluted share 0.16 +/- 0.04. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.24 (vs US$0.056 in 3Q 2023) Third quarter 2024 results: EPS: US$0.24 (up from US$0.056 in 3Q 2023). Revenue: US$207.9m (up 21% from 3Q 2023). Net income: US$18.7m (up 329% from 3Q 2023). Profit margin: 9.0% (up from 2.5% in 3Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Oct 10
FormFactor, Inc. to Report Q3, 2024 Results on Oct 30, 2024 FormFactor, Inc. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €38.00, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 18% over the past three years. New Risk • Aug 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€7.2m sold). Annuncio • Aug 02
FormFactor, Inc. Provides Earnings Guidance for the Third Quarter Ending September 28, 2024 FormFactor, Inc. provided earnings guidance for the third quarter ending September 28, 2024. For the period, the company expects GAAP revenue of $200 million +/- $5 million and Net income per diluted share 0.20 +/- 0.04. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.25 (vs US$0.011 in 2Q 2023) Second quarter 2024 results: EPS: US$0.25 (up from US$0.011 in 2Q 2023). Revenue: US$197.5m (up 27% from 2Q 2023). Net income: US$19.4m (up US$18.6m from 2Q 2023). Profit margin: 9.8% (up from 0.5% in 2Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annuncio • Jul 18
FormFactor, Inc. to Report Q2, 2024 Results on Jul 31, 2024 FormFactor, Inc. announced that they will report Q2, 2024 results on Jul 31, 2024 Recent Insider Transactions • May 10
Independent Director recently sold €692k worth of stock On the 7th of May, Sheri Rhodes sold around 13k shares on-market at roughly €51.97 per share. This transaction amounted to 94% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.2m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €52.00, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 79% over the past three years. Annuncio • May 03
FormFactor, Inc. Provides Earnings Guidance for the Second Quarter Ending June 29, 2024 FormFactor, Inc. provided earnings guidance for the second quarter ending June 29, 2024. For the quarter, the company expects GAAP revenue to be between $195 million +/- $5 million. GAAP Net income per diluted share of $0.19+/- $0.04. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.017 in 1Q 2023) First quarter 2024 results: EPS: US$0.28 (up from US$0.017 in 1Q 2023). Revenue: US$168.7m (flat on 1Q 2023). Net income: US$21.8m (up US$20.4m from 1Q 2023). Profit margin: 13% (up from 0.8% in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annuncio • Apr 11
FormFactor, Inc. to Report Q1, 2024 Results on May 01, 2024 FormFactor, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 01, 2024 Recent Insider Transactions • Mar 07
Chief Financial Officer recently sold €410k worth of stock On the 4th of March, Shai Shahar sold around 10k shares on-market at roughly €40.98 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Shai has been a net seller over the last 12 months, reducing personal holdings by €2.2m. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: US$1.07 (vs US$0.65 in FY 2022) Full year 2023 results: EPS: US$1.07 (up from US$0.65 in FY 2022). Revenue: US$663.1m (down 11% from FY 2022). Net income: US$82.4m (up 62% from FY 2022). Profit margin: 12% (up from 6.8% in FY 2022). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 16
Chief Financial Officer recently sold €391k worth of stock On the 12th of February, Shai Shahar sold around 10k shares on-market at roughly €39.10 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €600k. Shai has been a net seller over the last 12 months, reducing personal holdings by €2.0m. Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: US$1.07 (vs US$0.65 in FY 2022) Full year 2023 results: EPS: US$1.07 (up from US$0.65 in FY 2022). Revenue: US$663.1m (down 11% from FY 2022). Net income: US$82.4m (up 62% from FY 2022). Profit margin: 12% (up from 6.8% in FY 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Annuncio • Feb 08
FormFactor, Inc. Provides Earnings Guidance for the First Quarter Ending March 30, 2024 FormFactor, Inc. provided earnings guidance for the first quarter ending March 30, 2024. For the period, on GAAP basis, the company expects revenue of $165 million +/- $5 million and Net income per diluted share $0.07 +/- $0.04. Annuncio • Jan 11
FormFactor, Inc. to Report Q4, 2023 Results on Feb 07, 2024 FormFactor, Inc. announced that they will report Q4, 2023 results at 1:25 PM, Pacific Standard Time on Feb 07, 2024 Recent Insider Transactions • Dec 07
Independent Director recently sold €293k worth of stock On the 1st of December, Rebeca Obregon-Jimenez sold around 8k shares on-market at roughly €34.54 per share. This transaction amounted to 64% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €831k. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months. Recent Insider Transactions • Nov 23
Chief Financial Officer recently sold €600k worth of stock On the 20th of November, Shai Shahar sold around 17k shares on-market at roughly €36.09 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €831k. Shai has been a net seller over the last 12 months, reducing personal holdings by €1.6m. Recent Insider Transactions • Nov 15
Chief Financial Officer recently sold €831k worth of stock On the 10th of November, Shai Shahar sold around 24k shares on-market at roughly €34.11 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Shai has been a net seller over the last 12 months, reducing personal holdings by €963k. Annuncio • Nov 02
Camtek Ltd. (NasdaqGM:CAMT) completed the acquisition of FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM). Camtek Ltd. (NasdaqGM:CAMT) signed an agreement to acquire FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM) for $100 million on September 18, 2023. The transaction has already received clearance of the transactions under the German foreign direct investment laws. The transaction is expected to close in Q4 2023, subject to the satisfaction of customary closing conditions. Camtek Ltd. (NasdaqGM:CAMT) completed the acquisition of FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM) on November 1, 2023. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.056 (vs US$0.056 in 3Q 2022) Third quarter 2023 results: EPS: US$0.056 (in line with 3Q 2022). Revenue: US$171.6m (down 5.1% from 3Q 2022). Net income: US$4.37m (flat on 3Q 2022). Profit margin: 2.5% (up from 2.4% in 3Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Annuncio • Oct 11
FormFactor, Inc. to Report Q3, 2023 Results on Nov 01, 2023 FormFactor, Inc. announced that they will report Q3, 2023 results at 1:25 PM, Pacific Standard Time on Nov 01, 2023 Annuncio • Sep 20
Camtek Ltd. (NasdaqGM:CAMT) signed an agreement to acquire FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM) for $100 million. Camtek Ltd. (NasdaqGM:CAMT) signed an agreement to acquire FRT GmbH from FormFactor, Inc. (NasdaqGS:FORM) for $100 million on September 18, 2023. The transaction has already received clearance of the transactions under the German foreign direct investment laws. The transaction is expected to close in Q4 2023, subject to the satisfaction of customary closing conditions. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.011 (vs US$0.39 in 2Q 2022) Second quarter 2023 results: EPS: US$0.011 (down from US$0.39 in 2Q 2022). Revenue: US$155.9m (down 24% from 2Q 2022). Net income: US$828.0k (down 97% from 2Q 2022). Profit margin: 0.5% (down from 15% in 2Q 2022). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annuncio • Aug 03
FormFactor, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2023 FormFactor, Inc. provides earnings guidance for the third quarter ending September 30, 2023. The company expects Revenue of $167 million +/- $5 million and Net income (loss) per diluted share of $0.05 +/- $0.04. Annuncio • Jul 22
FormFactor, Inc. to Report Q2, 2023 Results on Aug 02, 2023 FormFactor, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023 Annuncio • Jun 01
FormFactor, Inc. Introduces High Throughput Panel Metrology and Inspection System for Advanced Packaging FormFactor, Inc. introduced the FRT MicroProf® PT, a new semiconductor metrology and inspection tool for rectangular panels up to 600mm containing 4-5X more dies compared to a 300mm wafer. With full automation and hybrid metrology capabilities, a single system can perform multiple types of 3D measurements and defect detection on the large format panels, supporting heterogenous integration of chiplets used in advanced package technologies such as fan-out panel-level packaging (FoPLP). FoPLP and other advanced package techniques stack several semiconductor dies into a single heterogeneous package using connection elements such as microbumps, TSVs (through-silicon vias), and interposers. In device development, the new MicroProf PT with SurfaceSens™ technology incorporates a variety of high-precision sensor options to measure the shape of these inter-die connections, as well as thickness, roughness and other characteristics of the film and metal layers that make up each device. Fully integrating into factory floor automation with SECS/GEM protocols, the tool can also deliver essential defect inspection data for process control and yield improvement. The MicroProf PT is the latest addition to FormFactor’s Advanced Packaging metrology product family, complementing its established wafer-level packaging product, the MicroProf AP. Its key features include: Metrology and defect inspection applications in one tool; Full automation with two loaders for panel FOUPs, for panels up to 600mm x 600mm; Multi-sensor setup including topography, field-of-view and film thickness with hybrid software evaluation to evaluate highly complex structures; Film thickness measurements from micron-range down to tens of nanometers; Wide range of handling capability – from substrates a few millimeters thick to 200µm, including organic and glass. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.017 (vs US$0.38 in 1Q 2022) First quarter 2023 results: EPS: US$0.017 (down from US$0.38 in 1Q 2022). Revenue: US$167.4m (down 15% from 1Q 2022). Net income: US$1.34m (down 96% from 1Q 2022). Profit margin: 0.8% (down from 15% in 1Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Annuncio • May 04
FormFactor, Inc. Provides Earnings Guidance for the Second Quarter Ending July 1, 2023 FormFactor, Inc. provided earnings guidance for the second quarter ending July 1, 2023. For the second quarter, the company expects revenue of $162 million. Net income (loss) per diluted share ($0.05) +/- $0.04. Recent Insider Transactions • Mar 09
Chief Financial Officer recently sold €132k worth of stock On the 6th of March, Shai Shahar sold around 5k shares on-market at roughly €27.79 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €393k. This was Shai's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 16
CEO, President & Director recently sold €298k worth of stock On the 13th of February, Michael Slessor sold around 10k shares on-market at roughly €29.83 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: US$0.65 (vs US$1.08 in FY 2021) Full year 2022 results: EPS: US$0.65 (down from US$1.08 in FY 2021). Revenue: US$747.9m (down 2.8% from FY 2021). Net income: US$50.7m (down 40% from FY 2021). Profit margin: 6.8% (down from 11% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 09
FormFactor, Inc. Provides Earnings Guidance for the First Quarter Ending April 1, 2023 FormFactor, Inc. provided earnings guidance for the first quarter ending April 1, 2023. For the quarter, the company expects revenue to be in the range of $162 million +/- $5 million and net income per diluted share to be in the range of negative $0.06 +/- $0.04. Annuncio • Jan 18
FormFactor, Inc. to Report Q4, 2022 Results on Feb 08, 2023 FormFactor, Inc. announced that they will report Q4, 2022 results at 1:25 PM, Pacific Standard Time on Feb 08, 2023 Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment deteriorated over the past week After last week's 23% share price decline to €20.40, the stock trades at a forward P/E ratio of 63x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 2.0% over the past three years. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$0.056 (vs US$0.26 in 3Q 2021) Third quarter 2022 results: EPS: US$0.056 (down from US$0.26 in 3Q 2021). Revenue: US$180.9m (down 4.8% from 3Q 2021). Net income: US$4.35m (down 79% from 3Q 2021). Profit margin: 2.4% (down from 11% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Annuncio • Oct 27
FormFactor, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2022 FormFactor, Inc. provided earnings guidance for the fourth quarter ending December 31, 2022. For the fourth quarter, the company expects revenue of $155 million to +/- $5 million. Net loss per diluted share of $0.22 +/- 0.03. Annuncio • Oct 19
FormFactor, Inc. Introduces Rapid Cooling Probe System for Quantum Device Testing FormFactor, Inc. introduced the IQ2000, a new die probing system capable of cooling devices from room temperature to a 4K base temperature in less than one hour. The new capabilities dramatically expedite testing for quantum control chips, cryo-CMOS, photonic devices, niobium-based circuits, materials development, and other applications that require ultra-low temperature environments. Quantum developers can now benefit from ten times faster cooling cycles without liquid cryogens, yielding comprehensive statistical data and accelerating quantum development cycles. Traditional cryogenic chip probing methodologies can require 24 hours or more to exchange and cool the devices from room temperature to 4 Kelvin. To eliminate more than 90% of this unproductive overhead, the IQ2000 innovative load-lock chamber and cryogenic probe head provide tool-free device exchange without warming up or opening the ultra-cold test environment. To further accelerate test, a high density electrical probe interface is also available to enable high-bandwidth, parallel device contact. The IQ2000’s key features include: Faster time to data with a load-lock chamber to cycle devices up to ten times faster in a cryogenic environment, Options for <2K or <4K base temperature, with high cooling power (>200mW @ 4K), Up to 128 low-frequency signals and up to 28 high-bandwidth (>12.5 GHz) for parallel device test with FormFactor’s leading probe card technologies, Low vibration system for stable device contact and low-noise measurements. Annuncio • Oct 06
FormFactor, Inc. to Report Q3, 2022 Results on Oct 26, 2022 FormFactor, Inc. announced that they will report Q3, 2022 results at 1:25 PM, Pacific Standard Time on Oct 26, 2022 Annuncio • Sep 27
FormFactor, Inc. Appoints Brian White to its Board of Directors FormFactor, Inc. announced the appointment of Brian White to its Board of Directors effective immediately. Mr. White joins the FormFactor Board of Directors with over 29 years of experience in the semiconductor and high-tech industries. Mr. White currently serves as the Chief Financial Officer for Ambarella, Inc., a system-on-chip (SoC) semiconductor company providing low-power AI vision processors for edge applications. Mr. White served as the Chief Financial Officer for Maxim Integrated, a diversified analog/mixed-signal semiconductor chip company, from August 2019 to August 2021 when Maxim Integrated was acquired by Analog Devices, Inc. From September 2013 to March 2019, Mr. White served as the Chief Financial Officer for Integrated Device Technology, Inc. (IDT), a provider of mixed-signal semiconductor solutions for the advanced communications, computing, and consumer industries. Mr. White also served as the Vice President of Finance & Treasurer at IDT, from 2007 to 2013. Prior to that, Mr. White held a variety of financial and operational management positions at companies such as Nvidia, Hitachi GST, IBM, and Deloitte. Mr. White earned a Bachelor of Arts in Business Administration from Seattle University and an M.B.A. from the University of Notre Dame. He is also a licensed Certified Public Accountant. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €28.20, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 78% over the past three years. Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: US$0.39 (vs US$0.23 in 2Q 2021) Second quarter 2022 results: EPS: US$0.39 (up from US$0.23 in 2Q 2021). Revenue: US$203.9m (up 8.4% from 2Q 2021). Net income: US$30.2m (up 69% from 2Q 2021). Profit margin: 15% (up from 9.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.8%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 28
FormFactor, Inc. Provides Earnings Guidance for the Third Quarter Ending September 24, 2022 FormFactor, Inc. provided earnings guidance for the third quarter ending September 24, 2022. GAAP revenue to be $183 million +/- $6 million, GAAP net income per diluted share to be $0.08 +/- $0.04. Annuncio • Jul 08
FormFactor, Inc. to Report Q2, 2022 Results on Jul 27, 2022 FormFactor, Inc. announced that they will report Q2, 2022 results at 1:25 PM, Pacific Standard Time on Jul 27, 2022 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 18% share price gain to €37.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 172% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €61.72 per share. Annuncio • Jun 10
FormFactor, Inc. (NasdaqGS : FORM) acquired DR Product Line from JanisULT. FormFactor, Inc. (NasdaqGS : FORM) acquired DR Product Line from JanisULT on June 9, 2022.
FormFactor, Inc. (NasdaqGS : FORM) completed the acquisition of DR Product Line from JanisULT on June 9, 2022. Annuncio • May 26
Keysight, FormFactor, DMPI and VDI Join Forces to Deliver a New 170 GHz / 220 GHz Broadband Vector Network Analysis Solution Keysight Technologies, Inc.; FormFactor, Inc.; DMPI Inc. and Virginia Diodes, Inc. (VDI), who designs and produces millimeter wave and terahertz devices, components and systems, have joined forces to deliver a new 170 GHz /220 GHz Broadband Vector Network Analysis (VNA) Solution that shortens design and verification cycles for 5G and emerging 6G applications. Keysight, FormFactor, DMPI and VDI have jointly developed this new VNA solution to provide on-wafer millimeter-wave component characterization under various conditions. It offers an advanced dynamic range, high output power and maximum stability. As a result, designers can efficiently characterize on-wafer devices and circuits, enabling the creation of highly accurate process design kits (PDKs) used to design integrated circuit models that shorten the design and verification cycle. Additionally, it enables rapid deployment of devices for the emerging 5G and 6G monolithic microwave integrated circuits (MMICs), a type of integrated circuit (IC) device that operates at microwave frequencies. The joint solution, Keysight’s new 220 GHz Broadband Network Analyzer, enables customers to address the needs of 5G and future 6G technologies that will have a significant impact on communications through the internet of things and ubiquitous wireless connections. The fully integrated solution is comprised of: Keysight’s N5291A 125 GHz broadband VNA – a single-sweep solution with compact frequency extenders, that delivers accurate leveled power. DMPI /FormFactor T-Wave GSG Dual band probes – which provide wafer-level electrical measurement on FormFactor wafer probing solutions of millimeter wave (mmW) devices and materials up to 1.1 terahertz (THz). VDI’s specially designed sub-THz frequency extenders – which allows for high accuracy measurement of on-wafer device under tests from 900 Hz to 170 GHz or 220 GHz in a single frequency sweep. Annuncio • May 25
FormFactor, Inc. (NasdaqGS:FORM) announces an Equity Buyback for $75 million worth of its shares. FormFactor, Inc. (NasdaqGS:FORM) announces a share repurchase program. Under the program, the company will repurchase $75 million worth of its shares. The purpose of the program is to offset dilution from share issuances related to stock-based compensation. The program will expire on May 20, 2024. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: US$0.38 (vs US$0.25 in 1Q 2021) First quarter 2022 results: EPS: US$0.38 (up from US$0.25 in 1Q 2021). Revenue: US$197.2m (up 5.6% from 1Q 2021). Net income: US$29.9m (up 52% from 1Q 2021). Profit margin: 15% (up from 11% in 1Q 2021). Over the next year, revenue is forecast to grow 7.2%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.