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AI brief of an SEC Form 8-K · FormFactor (FORM)

FormFactor Q2 revenue rises 26.7% to $197.5 million; Q3 outlook $200 million

Positive Impact 3 of 5 earnings Written later

FormFactor reported second-quarter fiscal 2024 revenue of $197.5 million, up 17.0% from the first quarter and 26.7% from a year earlier, with GAAP net income of $19.4 million, or $0.25 per diluted share. For the third quarter, it expects revenue of $200 million plus or minus $5 million and GAAP earnings of $0.20 per diluted share plus or minus $0.04, with the company citing expected demand levels similar to the second quarter and a less favorable DRAM product mix.

Key points

  • Q2 revenue of $197.5 million, up from $168.7 million in Q1 and $155.9 million a year earlier
  • GAAP net income of $19.4 million ($0.25 per diluted share), versus $21.8 million ($0.28) in Q1, which included a $20.3 million gain on sale of business, and $0.8 million ($0.01) a year earlier
  • Non-GAAP net income of $27.3 million ($0.35 per diluted share) in Q2
  • Q3 outlook: revenue of $200 million +/- $5 million; GAAP EPS of $0.20 +/- $0.04; non-GAAP EPS of $0.31 +/- $0.04

The filing

CompanyFormFactor (FORM)
Form8-K, current report
Filed with the SECJul 31, 2024, 4:02 PM ET
Accession number0001039399-24-000025

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.