secwatch.observer — SEC 8-K summary
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Issuer:     FORMFACTOR INC (FORM)
CIK:        0001039399
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001039399-23-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FormFactor Q2 revenue $155.9M, down 23.5% YoY; non-GAAP EPS $0.14
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- Revenue $155.9M, down 6.9% QoQ and 23.5% YoY; GAAP EPS $0.01.
- Non-GAAP gross margin 40.6%, up from 38.4% QoQ; Systems segment near record.
- Generative AI driving strong demand for DDR5 and HBM probe cards.
- Q3 guidance: revenue $167M ±$5M, non-GAAP EPS $0.17 ±$0.04.
- Free cash flow $2.1M in Q2 vs negative $7.3M in prior Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039399/000103939923000030/0001039399-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039399/000103939923000030/form-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001039399-23-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer