Stock Track | FormFactor Soars 5.13% in Pre-Market on Strong Q1 Earnings, Raised Q2 Guidance and Nasdaq Bell Ringing Event

Stock Track

05/11

FormFactor's stock soared 5.13% in pre-market trading, continuing its positive momentum following a strong first-quarter earnings report and raised second-quarter guidance.

The company reported first-quarter revenue of $230 million with gross margin reaching 49.0%, representing a sequential improvement of 5.1 percentage points and exceeding the prior guidance upper bound by 2.5 percentage points. FormFactor also raised its second-quarter performance guidance, signaling continued operational momentum for the semiconductor equipment company.

Notably, CPO-related revenue is tracking toward the high end of the expected $10 million to $20 million range, underscoring growing traction in advanced packaging and optical interconnect technologies. Additionally, the company's upcoming Nasdaq closing bell ringing event is expected to further boost market visibility and investor interest.

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