FormFactor reports Q4 EPS 27c, consensus 29c

Reports Q4 revenue $189.48M, consensus $190.12M. “As expected, FormFactor (FORM) reported sequentially lower fourth-quarter revenue, gross margin, and non-GAAP earnings per share, driven by the forecasted reduction in Foundry & Logic probe-card revenue,” said Mike Slessor, CEO of FormFactor, Inc. “This was partially offset by growth in DRAM probe-card revenue, with HBM increasing to approximately half of DRAM revenue.”