Movement Alert|FormFactor Overnight Rise 8.37%, Bullish Institutional Sentiment Ahead of Upcoming Earnings

Market Focus
Jul 27

On July 27, FormFactor rose 8.37% overnight, trading at $112.75/share, with turnover of $28,200.

On the news front, FormFactor is scheduled to release its Q2 earnings report after market close on July 29, with institutional sentiment leaning bullish. Market consensus expects quarterly revenue of $240 million, representing a 26.20% year-over-year increase; adjusted earnings per share of $0.61, up 102.77% year-over-year; and EBIT growth of 126.04% year-over-year. In the prior quarter, the company reported revenue of $226 million with a gross margin of 47.89% and adjusted EPS of $0.57, reflecting a 147.83% year-over-year improvement.

FormFactor is a leading provider of electrical and optical test and measurement technology across the semiconductor product lifecycle, offering high-performance probe cards, analytical probes, probe stations, thermal systems, and cryogenic systems to semiconductor companies and research institutions.

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