FormFactor Q2 revenue $188.1M (+19% YoY), non-GAAP EPS $0.36; Q3 rev guidance $182-194M

FORMFACTOR INC

2021-Q2 EPS reported $0.47 revenue$374,712,000

Revenue $188.1M, up 0.8% QoQ and 19.2% YoY from $157.8M.
GAAP net income $17.9M ($0.23 diluted EPS); non-GAAP net income $28.4M ($0.36 diluted EPS).
Q3 outlook: revenue $182M-$194M, GAAP EPS $0.21-$0.29, non-GAAP EPS $0.31-$0.39.
Non-GAAP gross margin 44.4% exceeded outlook range; driven by favorable mix and yields.
New Livermore manufacturing center on track for initial customer shipments in Q4.

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