FormFactor (FORM) Tops Q2 EPS by 3c

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FormFactor, Inc. Reports 2018 Second Quarter Results

August 1, 2018 4:05 PM EDT

LIVERMORE, Calif., Aug. 01, 2018 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the second quarter of fiscal 2018 ended June 30, 2018. Quarterly revenues were $135.5 million, up 14.6% from $118.3 million reported in the first quarter of fiscal 2018, and down 5.9% from $144.0 million reported in the second quarter of fiscal 2017.

Quarterly revenue exceeded mid-point of the outlook range, reflecting stronger demand across each of our businessesNon-GAAP gross margins and EPS were above the outlook range, resulting from favorable product mix and good operational execution

Mike Slessor, CEO of FormFactor,... More