Investing.com - FormFactor reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
FormFactor announced earnings per share of $0.24 on revenue of $180.90. Analysts polled by Investing.com anticipated EPS of $0.21 on revenue of $183.03M.
FormFactor shares are down 40% from the beginning of the year and are trading at $27.14 , down-from-52-week-high.
FormFactor follows other major Information Technology sector earnings this month
FormFactor's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, compared to forecasts EPS of $2.32 on revenue of $49.86B.
Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.93 on revenue of $7.8B, compared to forecast for EPS of $1.87 on revenue of $7.57B.
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