Comment on FormFactor Beats Guidance, but It's Not Out of the Woods Yet

newsfeedback@fool.com (Brian Feroldi), The Motley Fool
Fri, 08/03/2018 - 12:04pm

FormFactor Beats Guidance, but It's Not Out of the Woods Yet

FormFactor (NASDAQ: FORM), which manufactures testing equipment for semiconductor components, reported its second-quarter results on Wednesday, and as expected, the company posted year-over-year declines in revenue and profits. However, the declines were not as bad as management had projected. Margins also held up well during the trying period. Traders bid up the stock in response to the better-than-expected quarterly results and on the hope that the bottom is in the rearview mirror.Image source: Getty Images.MetricContinue reading

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