FormFactor Q4 2023 Adj EPS $0.20 Misses $0.22 Estimate, Sales $168.16M Beat $165.29M Estimate
Portfolio Pulse from Benzinga Newsdesk
FormFactor (NASDAQ:FORM) reported Q4 2023 earnings of $0.20 per share, missing the consensus estimate of $0.22. However, their sales of $168.16M exceeded the estimate of $165.29M, marking a 1.31% increase from the previous year.
February 07, 2024 | 9:05 pm
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FormFactor's Q4 2023 earnings missed EPS estimates but beat sales forecasts, showing a slight year-over-year growth.
While the miss in EPS estimates might concern some investors, the beat on sales forecasts and year-over-year growth could offset negative sentiment. The mixed results present a neutral outlook in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100