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home / news releases / ICHR - Ichor Holdings rises 15% on guiding above Q3 revenue consensus


ICHR - Ichor Holdings rises 15% on guiding above Q3 revenue consensus

Ichor Holdings ( ICHR ) +15% after the company beat consensus EPS by 17 cents and revenue estimates by $19.24M .

Gross margin of 16.8% on a GAAP basis and 17.0% on a non?GAAP basis, up 100 bp from Q1

3Q22 Outlook: The company expects revenue to be in the range of $320M-$360M vs. $331.66M consensus . The improvement in the availability of certain components and materials, enabled the company to execute to the upper level of the forecast. Customer demand remains strong and continues to outpace industry supply.

Expects GAAP diluted EPS to be in the range of $0.63 to $0.89 and non-GAAP diluted EPS to be in the range of $0.85 to $1.11 vs. $0.97 consensus.

Press Release , Transcript

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Ichor Holdings rises 15% on guiding above Q3 revenue consensus
Stock Information

Company Name: Ichor Holdings
Stock Symbol: ICHR
Market: NASDAQ
Website: ichorsystems.com

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