FormFactor Q3 Adjusted Earnings, Revenue Rise; Shares Slump After Hours
MT Newswires Live05:08
FormFactor (FORM) reported Q3 adjusted earnings late Wednesday of $1.04 per diluted share, up from $0.33 a year earlier.
Analysts polled by FactSet expected $0.86.
Revenue in the three months ended Sept. 26 rose to $280.5 million from $202.7 million a year earlier.
Analysts projected $270.5 million.
The company expects Q4 adjusted earnings of $0.95 per diluted share, plus or minus $0.09, on revenue of $285 million, plus or minus $10 million.
Analysts expect EPS of $0.81 on revenue of $278.3 million.
FormFactor shares fell 9.8% in after-hours trading.
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