FormFactor (Nasdaq: FORM) reported earnings on Feb. 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), FormFactor beat expectations on revenue and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped significantly and GAAP loss per share grew.

Margins dropped across the board.

Revenue details
FormFactor recorded revenue of $30.2 million. The two analysts polled by S&P Capital IQ looked for sales of $29.2 million. Sales were 31% lower than the prior-year quarter's $43.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at -$0.45. The four earnings estimates compiled by S&P Capital IQ forecast -$0.42 per share on the same basis. GAAP EPS were -$0.54 for Q4 against -$0.40 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was -16.5%, 2,410 basis points worse than the prior-year quarter. Operating margin was -91.4%, 4,210 basis points worse than the prior-year quarter. Net margin was -89.3%, 4,280 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $32.3 million. On the bottom line, the average EPS estimate is -$0.52.

Next year's average estimate for revenue is $173.2 million.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,436 members out of 1,471 rating the stock outperform, and 35 members rating it underperform. Among 494 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 489 give FormFactor a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FormFactor is hold, with an average price target of $7.69.

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