FORM · PEAD → 38

FormFactor reported Q1 2026 EPS of $0.56 on 2026-05-06, beating the $0.3162 consensus by $0.2438 (+77.1%); prior-year comparable EPS was not available in our feed.

Print-day reaction was +2.8%, as FORM closed at $149.12 versus a prior close of $145.00 — a solid, if not outsized, lift on a substantial EPS beat. The overnight gap into T+1 was effectively flat, slipping just -0.13%, indicating no meaningful after-hours continuation or fade. Over the next two trading sessions the stock drifted +4.6%, recovering from an intraday pullback on T+1 and closing T+3 at $151.40 — a reversal-then-extension pattern that kept the cumulative gain alive. Cumulative abnormal return of +2.3% versus SPY.US sits just below the +3% PEAD long threshold, placing this in neutral territory; the documented drift pattern warrants monitoring through the holding window ending 2026-08-03.