FormFactorNASDAQ: FORM

FORM's third-quarter 2024 results benefit from record DRAM probe-card revenues on strong demand. Its weak guidance hurts shares.

FormFactor, Inc. (NASDAQ:FORM ) Q3 2024 Earnings Conference Call October 30, 2024 4:25 PM ET Company Participants Mike Slessor - President, Chief Executive Officer Shai Shahar - Chief Financial Officer Stan Finkelstein - Vice President of Investor Relations Conference Call Participants Krish Sankar - TD Cowen Charles Shi - Needham & Company Craig Ellis - B. Riley Securities David Dooley - Steelhead Securities Christian Schwab - Craig-Hallum Tom Diffely - D.A.

FormFactor (FORM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The mean of analysts' price targets for FormFactor (FORM) points to a 38.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Shares of FormFactor Inc (FORM, Financial) surged 3.01% in mid-day trading on Oct 2. The stock reached an intraday high of $45.77, before settling at $45.50, up from its previous close of $44.17.

FormFactor (FORM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

LIVERMORE, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the following investor conferences:

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FormFactor's (FORM) second-quarter 2024 results benefit from robust demand for probe cards with increased revenues in the DRAM.