On October 30, FormFactor fell 5.19% in Pre-Market Trading, trading at $91.95 per share, with turnover of $49,000.
The move followed the company’s latest quarterly release, where third-quarter adjusted EPS came in at $1.04 versus the $0.86 market expectation, while revenue reached $280.5 million versus the expected $270.5 million.
FormFactor also guided fourth-quarter adjusted EPS to about $0.95, plus or minus $0.09, and revenue to about $285 million, plus or minus $10 million, both above prevailing expectations. Even so, recent market reporting indicated the stock remained under pressure after the results, as expectations had already risen ahead of the release alongside a rebound in semiconductor equipment shares.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
