Stock Track | FormFactor Soars 6.73% Pre-Market on Strong Q1 Earnings Expectations

Stock Track

04/29

FormFactor's stock surged 6.73% in pre-market trading, rebounding from recent declines as investors position ahead of the company's first-quarter earnings release.

Market consensus expects FormFactor to report quarterly revenue of approximately $225 million, a 32.49% year-over-year increase, with adjusted earnings per share of around $0.45, reflecting a 138.30% surge, and EBIT of about $38.27 million, up 179.38% year-over-year. The strong growth expectations provide fundamental support after the stock's sharp selloff in prior sessions, including a drop of over 7% on the previous trading day.

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