{"schema_version":"secwatch.filing_event.v1","accession":"0001039399-23-000045","form_type":"8-K","ticker":"FORM","cik":"0001039399","company_name":"FORMFACTOR INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.984302+00:00","generated_at":"2026-06-09T01:52:31.983892+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FormFactor Q3 revenue $171.6M near high end; non-GAAP EPS $0.22 beats; sold FRT for $100M; $75M buyback","bullets":["Revenue $171.6M (+10% QoQ, -5% YoY); GAAP EPS $0.06, non-GAAP EPS $0.22 (above outlook range).","Completed sale of FRT to Camtek for $100M cash, subject to customary purchase price adjustments.","Board authorized additional $75M stock repurchase plan (expires Oct 2025), supplementing existing May 2022 program.","Q4 outlook: revenue $165M+/-$5M; non-GAAP gross margin ~41%; non-GAAP EPS $0.20+/-$0.04 excluding ~$0.76 gain on FRT sale.","Foundry & Logic probe card demand strong; record Systems revenue; DRAM probe card demand expected stronger in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001039399-23-000045","json":"https://secwatch.observer/filing/0001039399-23-000045.json","markdown":"https://secwatch.observer/filing/0001039399-23-000045.md","text":"https://secwatch.observer/filing/0001039399-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039399/000103939923000045/0001039399-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039399/000103939923000045/form-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:52:31.983892+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":"d6577da9178a3619463300b49774fa3e825ef9cf","claim":"FORMFACTOR INC reported fourth quarter ending December 30, 2023 results: revenue $165 million +/- $5 million, EPS $0.20 +/- $0.04.","evidence_excerpt":"For the fourth quarter ending December 30, 2023, FormFactor is providing the following outlook*: GAAP Reconciling Items** Non-GAAP Revenue $165 million +/- $5 million — $165 million +/- $5 million Gross Margin 40% +/- 1.5% $2 million 41% +/- 1.5% Net income (loss) per diluted share $0.84 +/- $0.04 $0.64 $0.20 +/- $0.04","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039399/000103939923000045/0001039399-23-000045-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ending December 30, 2023"},{"label":"Revenue","value":"$165 million +/- $5 million"},{"label":"EPS","value":"$0.20 +/- $0.04"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"fcaf2f79b8a250ded2924f913152952527513573","claim":"FORMFACTOR INC reported third quarter of fiscal 2023 ended September 30, 2023 results: revenue $171.6 million, net income $17.3 million, EPS $0.22.","evidence_excerpt":"Quarterly revenues were $171.6 million, an increase of 10.0% compared to $155.9 million in the second quarter of fiscal 2023, and a decrease of 5.1% from $180.9 million in the third quarter of fiscal 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039399/000103939923000045/0001039399-23-000045-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2023 ended September 30, 2023"},{"label":"Revenue","value":"$171.6 million"},{"label":"Net income","value":"$17.3 million"},{"label":"EPS","value":"$0.22"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fcaf2f79b8a250ded2924f913152952527513573","claim":"FORMFACTOR INC reported third quarter of fiscal 2023 ended September 30, 2023 results: revenue $171.6 million, net income $17.3 million, EPS $0.22.","evidence_excerpt":"— November 1, 2023 —FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the third quarter of fiscal 2023 ended September 30, 2023. Quarterly revenues were $171.6 million, an increase of 10.0% compared to $155.9 million in the second quarter of fiscal 2023, and a decrease of 5.1% from $180.9 million in the third quarter of fiscal 2022. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039399/000103939923000045/0001039399-23-000045-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2023 ended September 30, 2023"},{"label":"Revenue","value":"$171.6 million"},{"label":"Net income","value":"$17.3 million"},{"label":"EPS","value":"$0.22"},{"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"}