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0.0150530277112556 -0.0174478275744098 -0.18576804652754 -0.149161820047896 -0.137872049264454 -0.159425248032843 -0.160793705097503 -0.151898734177215
Stock impact report

Ichor Announces Preliminary Results for the Fourth Quarter of 2022

Ichor Holdings - Ordinary Shares (ICHR) 
Last ichor holdings - ordinary shares earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ichorsystems.com/investor-relations
Company Research Source: Business Wire
Current WFE Demand Environment Reflects Further Curtailment of Near-Term Spending Plans FREMONT, Calif.--(BUSINESS WIRE)--Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment, today announced preliminary results for the fourth quarter of 2022 and a preliminary revenue outlook for the first quarter of 2023.For the fourth quarter of 2022, Ichor expects to report:Revenues of $300 to $302 million, which represents year-over-year growth of approximately 5% and a sequential decline of approximately 15%; andStrong cash flows from operations, with total cash growing to approximately $82 million at year-end.Commenting on the announcement, Jeffrey Andreson, chief executive officer, said “As we progressed through the fourth quarter, it became evident that the areas of weakness in wafer fab equipment, particularly those related to memory spending, have resulted in further reductions Show less Read more
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