FormFactor Tops Expectations and Shares a Bullish Outlook
FormFactor (NASDAQ: FORM), a supplier of testing equipment used by semiconductor manufacturers, reported its second-quarter results on Wednesday. The company beat its own guidance on the top and bottom lines and also provided Wall Street with favorable guidance for the third quarter. The stock was up 11% at noon on Thursday.
Let's put the company's results under the microscope to get a better sense of what happened during the second quarter.
Image source: Getty Images.
Source: Fool.com
Formfactor Inc. Stock
€48.20
11.480%
Formfactor Inc. is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
With a target price of 49 € there is a slightly positive potential of 1.66% for Formfactor Inc. compared to the current price of 48.2 €.
