Ichor Holdings, Ltd. Announces Fourth Quarter and Fiscal Year 2018 Financial Results

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Ichor Holdings (ICHR) PT Raised to $27 at Needham & Company

February 7, 2019 7:15 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Ichor Holdings (NASDAQ: ICHR) to $27.00 (from $22.00) while maintaining a Buy rating.

Bolton commented, "ICHR reported 4Q18 revenues at the low end of guidance and forecast 1Q19 revenue to... More

Ichor (ICHR) Misses Q4 EPS by 3c, Revenues Miss; Offers Q1 EPS/Revenues Guidance Below Consensus

February 6, 2019 4:31 PM EST

Ichor (NASDAQ: ICHR) reported Q4 EPS of $0.32, $0.03 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $141 million versus the consensus estimate of $144.38 million.

Highlights for the fourth quarter of 2018:

Revenues of $141 million;Generated $31 million of free cash flow;Gross margin of 15.2% on a GAAP basis and 15.3% on a non-GAAP basis;Net earnings of... More