secwatch.observer — SEC 8-K summary
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Issuer:     FORMFACTOR INC (FORM)
CIK:        0001039399
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001039399-25-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FormFactor Q4 rev $189.5M (-8.9% seq); FY rev up 15.2%; acquires 20% of FICT for $60M
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- Q4 GAAP net income $9.7M ($0.12 EPS) vs $18.7M ($0.24) in Q3; Non-GAAP EPS $0.27 vs $0.35.
- Q4 revenue $189.5M, down 8.9% sequentially, up 12.7% YoY; FY24 revenue $764M, +15.2%.
- HBM revenue grew fourfold in FY24; DRAM probe-card revenue set third consecutive quarterly record.
- Acquired 20% minority stake in FICT Limited for ~$60M with MBK Partners; close expected in Q1 2025.
- Q1 FY2025 guidance: rev ~$170M, non-GAAP gross margin ~38%, non-GAAP EPS ~$0.19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039399/000103939925000008/0001039399-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039399/000103939925000008/form-20250205.htm
  HTML page:      https://secwatch.observer/filing/0001039399-25-000008

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