FormFactor (NASDAQ:FORM) Full Year 2022 Results

Key Financial Results

• Revenue: US$747.9m (down 2.8% from FY 2021).

• Net income: US$50.7m (down 40% from FY 2021).

• Profit margin: 6.8% (down from 11% in FY 2021).

• EPS: US$0.65 (down from US$1.08 in FY 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

FormFactor Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 4.0%.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 8.3% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are up 8.6% from a week ago.

Risk Analysis

Be aware that FormFactor is showing 2 warning signs in our investment analysis that you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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