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Ichor (ICHR) Prelim. Q3 Results Miss Consensus

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Ichor Announces Preliminary Results for the Third Quarter of 2021

October 22, 2021 9:00 AM EDT

Revenue Growth Expectations Impacted by Increased Restrictive Measures Imposed in Malaysian State of Selangor during the Third Quarter

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 third quarter 2021 financial results.

For the third quarter of 2021, Ichor expects to report:

Revenue of approximately $263 million; Gross margin of 16.6% to 16.7% on both a GAAP and nonGAAP basis;... More