FormFactor Continues to Execute, but Guidance Comes up Short
FormFactor (NASDAQ: FORM), an equipment supplier to semiconductor manufacturers, reported its third-quarter results on Tuesday, Oct 31. While the quarterly results came in at the high end of the company's guidance range, investors pushed the stock down on Wednesday as management's forecast for the upcoming quarter fell short of analyst estimates. The stock was down 12% at 1:15 p.m. on Wednesday.
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Source: Fool.com