St Dennis Thomas sold $424K of FORM

FormFactor (FORM) shares rose about 9.9% on Aug. 4, 2026. Quiver PriceTracker attributes the move to the company’s Q2 2026 results and Q3 outlook, citing $258.2M revenue, GAAP EPS $0.71, non-GAAP EPS $0.82, and Q3 guidance of about $270M revenue. It also notes insider sales and analyst price targets.

What Happened? Shares of semiconductor testing company FormFactor (NASDAQ: FORM) jumped 25.6% in the afternoon session after the company reported second-quarter results that beat Wall Street's expectations on both the top and bottom lines and provided an upbeat outlook. The company posted adjusted earnings of $0.82 per share on revenue of $258.2 million, a 31.9% increase year-over-year. The strong performance pushed the company's annualized revenue run rate past the $1 billion mark.

FormFactor shares rose about 26.6% by noon ET after the company reported Q2 results and issued forward guidance. FormFactor posted adjusted EPS of $0.82 on revenue of $258.2 million, beating analyst expectations. For the current quarter, it guided adjusted EPS around $0.86 on revenue near $270 million, citing AI chip demand.

US stock index futures rose in premarket after a prior selloff tied to Fed-related concerns. Microsoft shares jumped about 9% after cloud growth accelerated, while Meta fell about 8% after revenue guidance disappointed and free cash flow was weak. Bond selling slowed and 30-year yields hit a two-decade high near 5.22%. Several other earnings moves were reported, including MO, CVNA, CMG, and QCOM.

FormFactor (NASDAQ:FORM) reported Q2 2026 results highlighted on its earnings call, citing record revenue and EPS. Management said Q2 non-GAAP gross margin of 53.3% included non-recurring items, with a sustainable baseline around 51%. For Q3, DRAM revenue should be similar to Q2 but mix shifts from HBM to DDR. CPO 2026 revenue is expected to exceed $20M by end of Q3.

FormFactor (FORM) shares rose after the company reported Q2 results. Revenue was $258.24 million versus $240 million expected, and adjusted EPS was 82 cents versus 61 cents. The company cited broad demand strength in HBM and co-packaged optics. Q3 guidance calls for revenue of $260 million to $280 million and adjusted EPS of 77 to 95 cents.