FORMFACTOR INC

FormFactor, Inc. announced a strategic collaboration with Teradyne, Inc. aimed at accelerating the development and deployment of next-generation semiconductor devices. As part of this collaboration, Teradyne will make a $300 million strategic equity investment in FormFactor by purchasing approximately 2.23 million shares of common stock in a private placement. The transaction is expected to close in the fourth quarter of fiscal 2026, subject to customary closing conditions and regulatory approvals. This partnership combines FormFactor's expertise in probe technologies and interface solutions with Teradyne's automated test platforms to address growing semiconductor complexity.

FormFactor Inc. reported strong financial results for the second quarter and first half of 2026, with significant year-over-year increases in revenue, net income, and diluted EPS. The company also detailed its 2026 Restructuring Plans, which incurred $27.8 million in charges, aimed at cost structure alignment and gross margin improvement. Additionally, the filing provided an update on the acquisition of Keystone Photonics in December 2025, expanding testing capabilities for silicon photonics and co-packaged optics.

FormFactor, Inc. announced strong financial results for the second quarter of fiscal 2026, reporting record revenue, gross profit, and earnings per share that exceeded its outlook. The company saw broad-based demand, particularly in High Bandwidth Memory and Co-Packaged Optics, driving sequential revenue increases in both Probe Cards and Systems segments. FormFactor also expanded its multi-year partnership with Keystone Microtech and provided a positive outlook for the third quarter, anticipating another quarter of record revenue and profitability.

FormFactor Inc. announced record financial results for the second quarter of fiscal 2026, with revenue reaching $258.2 million, GAAP diluted EPS of $0.71, and non-GAAP diluted EPS of $0.82, all exceeding the high end of their outlook. The company experienced broad-based demand, particularly in High Bandwidth Memory and Co-Packaged Optics, and reported strong gross margins and free cash flow. Additionally, FormFactor expanded its multi-year partnership with Keystone Microtech, reinforcing its presence in the Taiwan semiconductor ecosystem, and provided a strong outlook for Q3 2026.

FormFactor, Inc. and Keystone Microtech (KSMT) announced an expanded strategic partnership to enhance manufacturing scalability, strengthen regional operational support, and accelerate the delivery of advanced probe card solutions globally. This collaboration combines FormFactor's expertise in probe card technology and design with KSMT's capabilities in design, assembly, test, repair, and distribution for designated products. The partnership aims to address the increasing complexity of semiconductor technologies driven by AI, HPC, and advanced packaging, while strengthening FormFactor's presence in Taiwan's semiconductor ecosystem. Both companies will retain ownership of their respective intellectual property.

FormFactor, Inc. announced it will report its second quarter 2026 financial results on Wednesday, July 29th, 2026, at 1:25 p.m. Pacific Time. The company will host a conference call and live webcast for investors to discuss the results. A replay of the call will be available on the company's website following the event.

FormFactor, Inc. announced its inclusion in the US large-cap Russell 1000® Index, effective June 29, 2026, as part of the 2026 Russell indexes reconstitution. This move also automatically adds the company to relevant growth and value indexes. CEO Mike Slessor highlighted this as a strong validation of the company's strategy and commitment to long-term value creation, noting the significant assets benchmarked against Russell indexes.

FormFactor stockholders approved an amendment to the 2012 Equity Incentive Plan, increasing the number of shares reserved for issuance by 5,000,000. Additionally, stockholders approved an amendment to the company's Certificate of Incorporation to provide for the exculpation of certain officers as permitted by Delaware law. All director nominees were elected, and executive compensation was approved on an advisory basis at the Annual Meeting held on May 15, 2026.

FormFactor, Inc. announced its participation in five upcoming investor conferences in May and June 2026. The company will engage in one-on-one meetings with institutional investors at events hosted by B. Riley, TD Cowen, Craig-Hallum, Stifel, and Evercore.

FormFactor, Inc. announced it was ranked the global #1 supplier in both Test Subsystems and Focused Suppliers of Chip Making Equipment in the TechInsights 2026 Customer Satisfaction Survey. This marks the company's thirteenth consecutive year of recognition in the Test Subsystems category, underscoring its sustained technology leadership and strong customer trust. The awards highlight FormFactor's ability to deliver performance, reliability, and innovation for next-generation semiconductor architectures.