FormFactor reports Q1 EPS 56c, consensus 45c

Reports Q1 revenue $226.1M, consensus $225.6M. “FormFactor’s (FORM) first quarter revenue grew sequentially to the second consecutive all-time record, with gross margin and earnings per share significantly above the high end of our outlook range,” said Mike Slessor, CEO of FormFactor, Inc. “These outstanding results exceed our target model on a quarterly run-rate basis and together with our current quarter outlook is expected to validate the model on an annualized basis.”