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2020-03-18
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2020-03-20
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2020-04-13
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2020-04-14
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2020-04-17
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2020-04-20
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2020-04-21
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2020-04-22
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2020-04-24
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2020-04-27
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2020-04-28
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2020-04-29
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2020-05-01
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2020-05-04
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2020-05-05
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2020-05-06
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{ "FORM": "FormFactor, Inc. Q1 2020 10-Q Summary:\n* **Forward-looking statements:** The report contains predictions based on current expectations, which involve risks and uncertainties. Actual results may differ due to factors like COVID-19, market trends, and business strategy execution.\n* **Overview:** FormFactor is a leading provider of test and measurement solutions for the semiconductor industry, operating in two segments: Probe Cards and Systems. They experienced revenue and net income growth in Q1 2020 compared to Q1 2019.\n* **COVID-19 Impact:** The pandemic caused temporary disruptions in manufacturing and operations, but FormFactor continues to operate as a critical infrastructure industry. They expect potential negative impacts on supply chain, workforce, customer demand, and the overall economy.\n* **Financial Performance:** Revenue increased 21.6% YoY, driven by growth in Foundry & Logic products. Gross margin improved due to higher sales and factory utilization. Operating expenses increased due to higher headcount and variable compensation.\n* **Liquidity and Capital Resources:** FormFactor has sufficient liquidity to meet its obligations for the next twelve months. They are actively managing their cash and investments in response to COVID-19 and may consider additional financing options if needed." }
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2020-05-08
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2020-05-11
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2020-05-12
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2020-05-13
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2020-05-14
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2020-05-15
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2020-05-18
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2020-05-19
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2020-05-20
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2020-05-21
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2020-05-22
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2020-05-26
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2020-05-27
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2020-05-28
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2020-05-29
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2020-06-01
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2020-06-02
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2020-06-03
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2020-06-04
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2020-06-11
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2020-06-12
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2020-06-19
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2020-07-31
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2020-08-03
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2020-08-04
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{ "FORM": "FormFactor, Inc. Q2 2020 Report Summary:\n* **Forward-looking statements:** The report contains predictions about the future based on current information and are subject to risks and uncertainties.\n* **Overview:** FormFactor is a leading provider of test and measurement solutions for the semiconductor industry, with two segments: probe cards and systems.\n* **COVID-19 impact:** Although FormFactor operates in a critical infrastructure industry and has maintained operations, the pandemic has caused disruptions and poses ongoing risks to the supply chain, workforce, and customer demand.\n* **Financial performance:** FormFactor saw increased net income due to higher revenue and operational efficiency. Foundry & logic product revenue increased, while DRAM decreased and Flash remained variable.\n* **Liquidity and capital resources:** The company believes it has sufficient liquidity for the next 12 months and is actively managing risks related to the pandemic." }
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