🔴 FormFactor is trading 9.8% down today in after-hours trading despite Q3 revenue and EPS beats

FormFactor is trading at $99.51, down 9.79% after hours; available sources do not establish the cause.

• The Q3 release came after close: revenue was $280.5 million and non-GAAP EPS was $1.04, beating estimates of $270.6 million and $0.86.
• Q4 outlook: revenue of $285 million ± $10 million; non-GAAP gross margin of 54.0% ± 1.5%, below Q3’s 56.5%.
• Broad-market weakness is context, but neither it nor the outlook is confirmed as the reason for the decline.