FormFactor's stock surged 8.47% in after-hours trading on Wednesday, following the release of its fourth-quarter financial results that significantly exceeded analyst expectations.
The semiconductor test technology company reported adjusted earnings per share of $0.46, beating the consensus estimate of $0.35 by 31.81%. Revenue for the quarter reached $215.163 million, surpassing expectations of $210.267 million and representing a 13.55% increase from the same period last year. The company also reported net income of $23.2 million, a substantial 139% year-over-year increase.
Adding to the positive sentiment, FormFactor provided encouraging guidance for the first quarter of 2026, expecting revenue of approximately $225 million and adjusted earnings per share around $0.45. Company leadership cited strong demand in advanced packaging and high-performance compute markets as drivers for continued growth.
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