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Ichor Holdings, Ltd. Announces Second Quarter 2018 Financial Results

August 7, 2018 4:05 PM EDT

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 financial results for the second quarter of fiscal year 2018.

Highlights for the second quarter of 2018:

Revenues of $249 million, up 56% from the second quarter of 2017; Gross margin on a GAAP basis of 17.6% and 17.8% on a non-GAAP basis, increasing 200 basis points from non-GAAP gross margin during the second quarter of 2017; With net earnings of $1.07 per diluted share on a GAAP... More