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Stock impact report

Ichor Holdings, Ltd. Announces Third Quarter 2023 Financial Results

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
FREMONT, Calif.--(BUSINESS WIRE)--Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment, today announced third quarter 2023 financial results.Third quarter 2023 highlights:Revenues of $197 million, at the upper end of the guidance range communicated in August;Gross margin of 12.2% on a GAAP basis and 13.1% on a non-GAAP basis; andEarnings per share of $(0.36) on a GAAP basis and $0.07 on a non-GAAP basis."As expected, in Q3 Ichor's revenues returned to sequential growth, and rebounded near the upper end of our guidance range with a 6% increase compared to Q2," commented Jeff Andreson, chief executive officer. "With a similar level of revenues expected again for Q4, our full year expectations are consistent with our forecasts communicated throughout the year. We continue to be focused on maintaining critical R&D investments to enable our technology roadmap, Show less Read more
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