Ichor (ICHR) Reports In-Line Q1 EPS, Revenues In-Line; Weak Q2 EPS Guidance

Ichor (NASDAQ: ICHR) reported Q1 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $148.7 million versus the consensus estimate of $148.7 million.

Highlights for the first quarter of 2017 and guidance for the second quarter of 2017 are as follows:

• Revenue of $148.7 million, Ichor’s fourth consecutive record quarter
• U.S. GAAP net income from continuing operations of $13.0 million and diluted earnings per share from continuing operations attributable to ordinary shareholders (“diluted EPS”) of $0.51
• Non-GAAP adjusted net income from continuing operations of $14.6 million and non-GAAPadjusted diluted EPS of $0.57
• Second quarter revenue guidance of $152–$162 million

GUIDANCE:

Ichor sees Q2 2017 EPS of $0.57, versus the consensus of $0.61.

For earnings history and earnings-related data on Ichor (ICHR) click here.

You May Also Be Interested In

• Vera Bradley (VRA) Misses Q1 EPS by 26c ; Offers Guidance
• TD Cowen on Oracle (ORCL): 'Solid 4Q & Guide'
• UBS Reiterates Buy Rating on nVent Electric (NVT)