FormFactor Q1 FY2022: Revenue $197.2M, non-GAAP EPS $0.49 beat guidance; Q2 outlook above street

FORMFACTOR INC

2022-Q1 EPS reported $0.38 revenue$197,174,000

Revenue $197.2M (down 3.8% QoQ, up 5.6% YoY); GAAP EPS $0.38; non-GAAP EPS $0.49.
GAAP gross margin 47.8% (up from 43.7% Q4); non-GAAP gross margin 49.0% (up from 44.3% Q4).
Record GAAP and non-GAAP operating income; free cash flow $28.7M.
Q2 guidance: revenue $203M +/- $6M; non-GAAP EPS $0.43 +/- $0.04.
CEO cites resilience, progress towards target model of $2 non-GAAP EPS on $850M revenue.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.