On July 29, FormFactor fell 5.03% in regular trading, trading at $83.79 per share, with turnover of $61.38 million. The decline came as the semiconductor equipment sector faced sustained selling pressure, with the company also set to report Q2 earnings after market close the same day.

The broader semiconductor equipment sector saw widespread weakness, with KLA-Tencor down 8.64%, Applied Materials down 5.94%, Lam Research down 5.11%, and ASML down 2.33%. FormFactor had previously surged 8.37% overnight on optimistic earnings expectations but has since given back all gains amid persistent sector headwinds, with cumulative losses accelerating over consecutive sessions.

Market consensus expects FormFactor to report Q2 revenue of $240 million, representing 26.20% year-over-year growth, and adjusted earnings per share of $0.61, up 102.77% year-over-year. EBIT is projected to grow 126.04% year-over-year. The company is a leading provider of electrical and optical test and measurement technologies across the semiconductor product lifecycle, serving semiconductor companies and research institutions with probe cards, analytical probes, probe stations, thermal systems, and cryogenic systems.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)