FormFactor: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 04:27 PM ET
Last Updated - Oct 30, 2024, 04:27 PM EDT
LIVERMORE, Calif. (AP) — LIVERMORE, Calif. (AP) — FormFactor Inc. (FORM) on Wednesday reported third-quarter net income of $18.7 million.
The Livermore, California-based company said it had net income of 24 cents per share. Earnings, adjusted for one-time gains and costs, were 35 cents per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The integrated circuits diagnostic company posted revenue of $207.9 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $200.5 million.
