FormFactor, Inc. Q2 2020 Report Summary:
* **Forward-looking statements:** The report contains predictions about the future based on current information and are subject to risks and uncertainties.
* **Overview:** FormFactor is a leading provider of test and measurement solutions for the semiconductor industry, with two segments: probe cards and systems.
* **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.
* **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.
* **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.