FormFactor, Inc. (FORM) posted a net loss for the third quarter of $23.9 million or $0.48 per share, compared to a net loss of $14.0 million or $0.29 per share in the same quarter a year-ago.
On a non-GAAP basis, net loss for the third quarter was $20.9 million or $0.42 per share, in comparison with a net loss of $10.6 million or $0.22 per share in the prior year quarter.
On average, seven analysts polled by Thomson Reuters expected the company to report a loss of $0.41 per share. Analysts' estimates typically exclude special items.
Quarterly revenues were $43.8 million, down 16.7% from $52.6 million in the previous year quarter. Six Wall Street analysts expected revenues of $39.60 million.
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