FormFactor (FORM) Tops Q4 EPS by 2c, Offers Guidance
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FormFactor, Inc. Reports 2022 Fourth Quarter Results
February 8, 2023 4:01 PM ESTLIVERMORE, Calif., Feb. 08, 2023 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the fourth quarter of fiscal 2022 ended December 31, 2022. Quarterly revenues were $166.0 million, a decrease of 8.2% compared to $180.9 million in the third quarter of fiscal 2022, and a decrease of 19.0% from $205.0 million in the fourth quarter of fiscal 2021. For fiscal 2022, FormFactor recorded revenues of $748 million, down 2.8% from $770 million in fiscal 2021.
Delivered revenue above the outlook range against a challenging industry environment.Achieved the second consecutive record quarter in the Systems segment.Completed the previously... More