FormFactor Sees Q3 $0.27-$0.35 vs $0.31 Est., Revenue $195M-$205M vs $188.67M Est.
Portfolio Pulse from Benzinga Newsdesk
FormFactor has provided its Q3 guidance, expecting EPS between $0.27 and $0.35, compared to the consensus estimate of $0.31. The company also anticipates revenue between $195 million and $205 million, surpassing the consensus estimate of $188.67 million.
July 31, 2024 | 8:59 pm
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FormFactor has issued Q3 guidance with EPS expected between $0.27 and $0.35, compared to the consensus estimate of $0.31. Revenue is anticipated to be between $195 million and $205 million, exceeding the consensus estimate of $188.67 million.
FormFactor's guidance for Q3 shows both EPS and revenue projections above consensus estimates. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
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