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2020-05-06
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2020-07-31
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2020-08-03
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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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