Chip equipment maker FormFactor (FORM) drops 8% AH after warning it expects Q4 revenue of...

|By:, SA News Editor

Chip equipment maker FormFactor (FORM) drops 8% AH after warning it expects Q4 revenue of $28M-$31M, below prior guidance of $30M-$34M, and much lower than the $43.9M reported in the year-ago period. The company claims industry conditions, which were weak to begin with, "have further deteriorated over the last two months."