{"schema_version":"secwatch.filing_event.v1","accession":"0001039399-23-000016","form_type":"8-K","ticker":"FORM","cik":"0001039399","company_name":"FORMFACTOR INC","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.717417+00:00","generated_at":"2026-06-15T23:57:26.514117+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FormFactor Q1 revenue $167.4M, above outlook; GAAP EPS $0.02, non-GAAP $0.16","bullets":["Revenue $167.4M, up 0.9% QoQ but down 15.1% YoY; exceeded outlook range due to shipment timing.","GAAP net income $1.3M ($0.02 diluted EPS); non-GAAP net income $12.5M ($0.16 diluted EPS).","GAAP gross margin 36.5%, up from 27.2% in Q4; non-GAAP gross margin 38.4%.","Q2 FY2023 outlook: revenue $162M +/- $5M; non-GAAP EPS $0.12 +/- $0.04; stable demand anticipated.","Free cash flow negative $7.3M; cash from operations $12.3M in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001039399-23-000016","json":"https://secwatch.observer/filing/0001039399-23-000016.json","markdown":"https://secwatch.observer/filing/0001039399-23-000016.md","text":"https://secwatch.observer/filing/0001039399-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039399/000103939923000016/0001039399-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039399/000103939923000016/form-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:57:26.514117+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cc0ca2f738e355e9910852d0c3a2129922249cc9","claim":"FORMFACTOR INC reported the first quarter of fiscal 2023 ended April 1, 2023 results: revenue $167.4 million, net income $1.3 million, EPS $0.02 per fully-diluted share.","evidence_excerpt":"Calif. — May 3, 2023 —FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2023 ended April 1, 2023. Quarterly revenues were $167.4 million, an increase of 0.9% compared to $166.0 million in the fourth quarter of fiscal 2022, and a decrease of 15.1% from $197.2 million in the first quarter of fiscal 2022. • Delivered","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039399/000103939923000016/0001039399-23-000016-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal 2023 ended April 1, 2023"},{"label":"Revenue","value":"$167.4 million"},{"label":"Net income","value":"$1.3 million"},{"label":"EPS","value":"$0.02 per fully-diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}