FormFactor Q2 2024 Adj. EPS $0.35 Beats $0.31 Estimate, Sales $197.474M Beat $194.989M Estimate
Portfolio Pulse from Benzinga Newsdesk
FormFactor (NASDAQ:FORM) reported Q2 2024 adjusted EPS of $0.35, beating the $0.31 estimate and showing a 150% increase from last year. Sales were $197.474M, surpassing the $194.989M estimate and marking a 26.65% increase from the previous year.
July 31, 2024 | 8:08 pm
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FormFactor's Q2 2024 earnings and sales both exceeded analyst estimates, with EPS showing a significant 150% year-over-year increase and sales up by 26.65%.
The significant beat on both EPS and sales, along with strong year-over-year growth, is likely to positively impact FormFactor's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100