Welcome to our dedicated page for Ichor Holdings news (Ticker: ICHR), a resource for investors and traders seeking the latest updates and insights on Ichor Holdings stock.
Ichor Holdings Ltd (ICHR) is a global leader in the design, engineering, and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. The company specializes in creating gas and chemical delivery subsystems, often referred to as fluid delivery subsystems, which are essential components in the semiconductor manufacturing process.
Operating from a worldwide footprint, Ichor serves a diverse range of markets including semiconductor, LED, OLED, alternative energy, data storage, and flat panel displays. The company's strategic approach combines world-class design and manufacturing processes with a proven capability for large-scale equipment integration and legacy services.
As a preferred vendor, Ichor partners with major original equipment manufacturers (OEMs) to offer turnkey solutions. This partnership allows OEMs to outsource non-critical elements of tool design, production, and support, enabling them to focus on process and technology development. Ichor's expertise in managing rapid product introductions, global supply chain networks, and maintaining production quality standards has earned it numerous supplier-of-the-year awards from leading OEMs.
Ichor's product portfolio also includes machined components, weldments, and proprietary products for fluid delivery systems. The company is known for its commitment to improving product costs, quality, and lead times, which has solidified its reputation in the industry.
Geographically, Ichor operates in the United States, the United Kingdom, Singapore, Malaysia, Korea, and Mexico, with a significant portion of its revenue generated from Singapore. This global presence allows Ichor to deliver comprehensive solutions and support to its customers worldwide.
Recent achievements and ongoing projects highlight Ichor's continuous innovation and adaptation to market demands. The company's dedication to excellence and customer satisfaction remains a driving force behind its success in the competitive semiconductor industry.
Ichor Holdings (NASDAQ: ICHR), a semiconductor equipment fluid delivery subsystems manufacturer, announced its participation in two upcoming investor events. The company will attend the UBS Global Technology and AI Conference from December 2nd-5th, 2024, in Scottsdale, AZ, featuring a fireside chat on December 3rd at 12:55pm MST. Additionally, Ichor will participate in the 13th Annual NYC Summit on December 17th, 2024, at Mastro's Steakhouse in New York. Presentation materials and webcast access will be available on the company's investor relations website.
Ichor Holdings reported Q3 2024 financial results with revenues of $211 million, exceeding guidance. The company achieved a GAAP gross margin of 13.2% and non-GAAP gross margin of 13.6%. GAAP EPS was $(0.08) while non-GAAP EPS reached $0.12. This marks their sixth consecutive quarter of positive free cash flow. The company noted strengthening customer demand and increased visibility for H2 2024, projecting a healthier business environment for etch and deposition entering 2025. For Q4 2024, Ichor expects revenue between $220-235 million and non-GAAP diluted EPS of $0.21-$0.33.
Ichor Holdings, (NASDAQ: ICHR), a leader in critical fluid delivery subsystems and components for semiconductor capital equipment, has announced it will release its third quarter 2024 financial results on Monday, November 4th, 2024. The company will issue its earnings press release just after 1:00pm Pacific Time, followed by a conference call at 1:30pm Pacific Time to discuss the results and business outlook.
Investors can access the earnings press release and supplemental financial information on Ichor's investor website after market close. The live webcast of the conference call will be available on the company's investor relations website, with a direct link provided. For those preferring to listen via telephone, domestic and international call-in numbers are provided, along with the meeting reference number 13748960.
Ichor Holdings, (NASDAQ: ICHR), a leading provider of critical fluid delivery subsystems for semiconductor capital equipment, has announced its participation in two upcoming investor events. The company will be attending the 5th Annual Needham Virtual Semiconductor & SemiCap 1x1 Conference on August 21, 2024, which will be held virtually. Additionally, Ichor will participate in the Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27, 2024, in Chicago.
Both events will feature one-on-one meetings only. Ichor has stated that the presentation materials used during these conferences will be made available on the investor relations section of their website at https://ir.ichorsystems.com. These events provide an opportunity for investors to engage directly with Ichor's management and gain insights into the company's operations and future prospects.
Ichor Holdings (NASDAQ: ICHR) reported their Q2 2024 financial results with revenues reaching $203 million, near the upper end of their guidance range. Gross margin was 12.6% on a GAAP basis and 13.0% on a non-GAAP basis. GAAP EPS was $(0.15) while non-GAAP EPS was $0.05. The company generated free cash flow of $15 million. CEO Jeff Andreson noted signs of recovery in customer demand for wafer fab processing equipment, expecting further improvements in gross margin, profitability, and cash flow in H2 2024 driven by new proprietary product introductions and customer qualifications.
Q2 2024 compared to Q1 2024: revenue increased from $201.4 million, GAAP net loss improved from $(9.0) million to $(5.1) million, and non-GAAP net income improved from $(2.7) million to $1.8 million. For Q3 2024, Ichor anticipates revenues between $195 million and $210 million with GAAP EPS ranging from $(0.17) to $(0.06) and non-GAAP EPS of $0.05 to $0.15.
Ichor Holdings, (NASDAQ: ICHR), a leader in semiconductor capital equipment fluid delivery subsystems, has announced it will release its second quarter 2024 financial results on August 6th, 2024. The company will issue its earnings press release just after 1:00pm Pacific Time, followed by a conference call at 1:30pm Pacific Time to discuss the results and business outlook.
Investors can access the live webcast of the conference call through Ichor's investor relations website or via a direct link. For those preferring to listen via telephone, domestic callers can dial (877) 407-0989, while international callers should use +1 (201) 389-0921, referencing meeting number 13747600. The earnings press release and supplemental financial information will be available on Ichor's investor website after market close on August 6th.
Ichor Holdings (NASDAQ: ICHR), a key player in the design and manufacturing of fluid delivery systems for semiconductor equipment, announced its participation in the 16th Annual CEO Investor Summit. The event will take place on Wednesday, July 10th, at the St. Regis San Francisco. Management will present investor materials, which will also be accessible on Ichor's investor relations website.
Ichor Holdings announced its participation in three major investor events in Q2 2024. The company will attend the B. Riley Securities 24th Annual Institutional Investor Conference in Beverly Hills on May 22-23, the Craig-Hallum 21st Annual Institutional Investor Conference in Minneapolis on May 29, and the TD Cowen 52nd Annual Technology, Media & Telecom Conference in New York on May 29-30. Presentation materials will be accessible on Ichor's investor webpage.
Ichor Holdings, announced first quarter 2024 financial results, with revenues of $201 million, gross margin of 11.4% on a GAAP basis, and EPS of $(0.30). Total debt outstanding reduced by $117 million. The company expects revenue in the range of $190-$205 million for Q2 2024.
FAQ
What is the current stock price of Ichor Holdings (ICHR)?
What is the market cap of Ichor Holdings (ICHR)?
What does Ichor Holdings Ltd do?
Which markets does Ichor serve?
What are fluid delivery subsystems?
Where does Ichor generate most of its revenue?
What kind of products does Ichor manufacture?
Who are Ichor's main customers?
What awards has Ichor received?
In which countries does Ichor operate?
What is Ichor's approach to product development?