Ichor (ICHR) Tops Q1 EPS by 10c, Offers Guidance

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Ichor Holdings, Ltd. Announces First Quarter 2023 Financial Results

May 9, 2023 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 and components for semiconductor capital equipment, today announced first quarter 2023 financial results.

First quarter 2023 highlights:

Revenues of $226 million, at the mid-point of our guidance range communicated in February; Gross margin of 14.7% on a GAAP basis and 15.5% on a nonGAAP basis; and Earnings per share of $0.00 on a GAAP basis and $0.38 on a non-GAAP basis.

We are pleased to report that... More