FormFactor Projects $400 Million Annual Probe Card Capacity by 2027
FormFactor (FORM) reported strong third-quarter results, with revenue, gross margin, and earnings per share all exceeding the high end of previous guidance. CEO Mike Slessor highlighted consistent year-over-year growth across these key financial metrics during the earnings call. The company is aggressively expanding its manufacturing capabilities to meet rising demand. FormFactor aims to reach an annual probe card capacity exit rate of $400 million by 2027, supported by the ramp-up of operations at its Farmers Branch facility.
Tickers: $FORM
Topics: earnings per share beat gross margin expansion revenue growth