FormFactor Q4 FY2021 revenue $205M record; EPS $0.33 GAAP, $0.44 non-GAAP

FORMFACTOR INC

2021-FY EPS reported $1.06 revenue$769,674,000

Revenue $205.0M, up 7.9% QoQ and 4.0% YoY; FY2021 revenue $770M (+11% YoY).
GAAP net income $25.9M ($0.33/diluted share); non-GAAP net income $34.7M ($0.44/share).
Q1 FY2022 outlook: revenue $188-200M, non-GAAP EPS $0.35-0.43, gross margin 44-47%.
Record Systems segment revenue; begun shipments from new Livermore Manufacturing Center.
Free cash flow $23.9M in Q4; FY2021 free cash flow $73.7M.

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