FormFactor, Inc. Reports Earnings Results for the Fourth Quarter Ended December 30, 2023
February 07, 2024 at 04:01 pm EST
Share
FormFactor, Inc. reported earnings results for the fourth quarter ended December 30, 2023. For the fourth quarter, the company reported sales was USD 168.16 million compared to USD 165.99 million a year ago. Net income was USD 75.85 million compared to net loss of USD 13.73 million a year ago.
Basic earnings per share from continuing operations was USD 0.98 compared to basic loss per share from continuing operations of USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.97 compared to diluted loss per share from continuing operations of USD 0.18 a year ago.
FormFactor, Inc. is a provider of essential test and measurement technologies along the full semiconductor product lifecycle from characterization, modeling, reliability, and design de-bug to qualification and production test. It provides a range of high-performance probe cards, analytical probes, probe stations, thermal systems, and cryogenic systems to both semiconductor companies and scientific institutions. Its products provide electrical information from a variety of semiconductor and electro-optical devices and integrated circuits from early research, through development, to high-volume production. It operates in two segments: Probe Cards and the Systems. The Probe Cards segment includes sales of its probe cards and analytical probes. The Systems segment includes sales of its probe stations, thermal systems and cryogenic systems. The Company's customers include companies, universities and institutions that design or make semiconductor and semiconductor related products.