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FormFactor: Q3 Earnings Snapshot
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LIVERMORE, Calif. (AP) — LIVERMORE, Calif. (AP) — FormFactor Inc. (FORM) on Wednesday reported third-quarter earnings of $73.8 million.

On a per-share basis, the Livermore, California-based company said it had net income of 93 cents. Earnings, adjusted for one-time gains and costs, came to $1.04 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.

The integrated circuits diagnostic company posted revenue of $280.5 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $270.6 million.

For the current quarter ending in December, FormFactor expects its per-share earnings to range from 86 cents to $1.04.

The company said it expects revenue in the range of $275 million to $295 million for the fiscal fourth quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FORM at https://www.zacks.com/ap/FORM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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