Formfactor Form reported first quarter of 2025 Non-Gaap income of 23 cents per share, and the Zacks Consensus estimates 21.05%. The Bottom Line rose by 27.8% compared to the quarter of a year ago.
The turnover of $ 171.4 million defeated the estimate of the Zacks consensus by 0.79% and increased 1.6% year after year. Formfactor, however, reported a consecutive decrease of 9.6% in income from the first quarter as a result of expected reductions in the demand for dram -song maps and systems.
After the winstrease, the shares of Formfactor rose by more than 10% in the pre-market trade on 30 April, powered by a strong second quarter of 2025 front views that project double-digit consecutive revenue growth in all important segments.
The income from Form defeated the estimate of the Zacks -Consensus twice and missed in the remaining two, the surprise is an average of 3.41%. (Find the latest EPS estimates and surprises on the Zacks profit calendar.)
Formfactor, Inc. Price-Consensus-EPS-Surprise-Chart | Formfactor, Inc. Quote
The turnover of the Sondekaart was $ 136.6 million, a decrease of 0.1% year after year. The decrease was led by lower dram and flash income.
Foundry and logical income (49.8% of the total income) were $ 85.3 million, a decrease of 1.7% year after year.
Dram income (28.5% of the total income) were $ 48.9 million, an increase of 6.5% years after year.
Flash income (1.4% of the total income) were $ 2.4 million. The reported figure fell 40%year after year.
System income (20.3% of the total income) were $ 34.8 million, an increase of 8.7% year after year.
The income generated from Malaysia, Taiwan, Japan and Singapore rose 36.8%, 51.8%, 21.2%and 29.2%respectively, year after year.
The income from the United States, South Korea, China, Europe and the rest of the world, however, fell 12%, 14.8%, 12.8%, 11.4%and 25.9%respectively, year after year.
In the first quarter of 2025, the gross margin expanded year after year 50 basic points (BPS) to 39.2%.
Non-Gaap business costs fell by 4% to $ 50.2 million year after year. As a percentage of income, operating costs have risen to 29.3%year after year 170 bps.
The non-Gaap-Operational margin improved 220 pps year after year to 9.9%.
As of March 29, 2025, cash and cash equivalents and tradable effects were $ 299.0 million compared to $ 360 million from December 28, 2024.
Cash generated by operational activities was $ 23.5 million in the reported quarter, a decrease of $ 35.9 million in the previous quarter.
The company generated a free cash flow of $ 6.3 million in the first quarter, compared to $ 28.8 million in the previous quarter. The decrease was mainly due to reduced operational cash flows, led by lower profitability, higher working capital use and increased capital expenditure.
