FormFactor (FORM) Tops Q1 EPS by 3c
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FormFactor, Inc. Reports 2023 First Quarter Results
May 3, 2023 4:01 PM EDTLIVERMORE, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2023 ended April 1, 2023. Quarterly revenues were $167.4 million, an increase of 0.9% compared to $166.0 million in the fourth quarter of fiscal 2022, and a decrease of 15.1% from $197.2 million in the first quarter of fiscal 2022.
Delivered revenue exceeding the outlook range, gross margins and EPS at the high end of their rangesGenerated significant sequential improvement in gross margins and profitabilitySignificantly increased... More