FormFactor (NASDAQ:FORM) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:25 PM.
Here’s what investors need to know about the announcement.
Earnings
FormFactor beat estimated earnings by 23.08%, reporting an EPS of $0.16 versus an estimate of $0.13.
Revenue was down $29.73 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 12.02% increase in the share price the next day.
Here’s a look at FormFactor’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | 0.21 | 0.42 | 0.39 |
| EPS Actual | 0.05 | 0.24 | 0.46 | 0.49 |
| Revenue Estimate | 155.29M | 183.03M | 203.06M | 194.38M |
| Revenue Actual | 165.99M | 180.87M | 203.91M | 197.17M |
To track all earnings releases for FormFactor visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
