$FormFactor (FORM.US)$fell more than 20% after hours Wednesday after the maker of test and measurement equipment used in semiconductor manufacturing missed analyst estimates for Q4 results and issued poorly received forward guidance. FORM sank 22.2% to $31.99 shortly before 4:30 p.m. ET after reporting $0.27 in non-GAAP earnings per share on $189.5 million in revenues. That trailed the $0.29 in adjusted EPS on $1...
..$FormFactor (FORM.US)$up 14% on earnings. I wrote a small-caps piece at TheStreet PRO (where I'm published) suggesting a purchase ahead of earnings and a sale at this level. While that article looks sharp now, should the stock test the rising upper trendline and survive, this could turn the $50 level from resistance into a pivot and add fuel for a further breakout.
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Edgardo Roman
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Sounds to me like I'm gonna have to "Invest with Sarge" for real.
Steven J
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Sold mine around 46 a month ago I was hoping for a bad print and that didn’t happen. I will wait for the next earnings to see if the opportunity presents itself again. I think you should pay attention on Rambus $Rambus (RMBS.US)$ , especially with thier new DDR5 businesswire.co... and also Lattice $Lattice Semiconductor (LSCC.US)$
Tom St. Dennis, Chairperson of the Board, welcomes Brewer's appointment, highlighting his strong finance and operations background as valuable for FormFactor's financial goals.
The recent sales by the CFO, even below the current price, could indicate that insiders believe the shares are fully valued. The absence of insider purchases over the last year and low insider ownership make the company a cautious investment choice.
FormFactor Stock Forum
FORM sank 22.2% to $31.99 shortly before 4:30 p.m. ET after reporting $0.27 in non-GAAP earnings per share on $189.5 million in revenues. That trailed the $0.29 in adjusted EPS on $1...
oversold, undervalue
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