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, Ltd. (NASDAQ: ICHR) will participate in the 25th Annual Needham Growth Conference in New York on January 11, 2023, at 1:30 PM EST. The company specializes in critical fluid delivery subsystems for semiconductor manufacturing, and its presentation will be webstreamed live. The presentation materials and archived webcasts will be available on Ichor's investor webpage. This event offers an opportunity for Ichor to engage with investors and showcase its leading role in the industry.
Ichor Holdings, Ltd. (NASDAQ: ICHR) announces the appointment of Bruce Ragsdale as the new COO, effective December 12, 2022. He will oversee global operations and supply chain, bringing nearly 30 years of industry experience. Ragsdale's previous roles include vice president at Intel and senior vice president at ASM International, focusing on operations and supply chain management. His expertise is expected to contribute significantly to the company's operational and financial objectives.
Ichor Holdings, Ltd. (NASDAQ: ICHR) will participate in the 11th Annual NYC Summit on December 13, 2022. This event includes small group meetings with management teams from 12 companies, providing networking opportunities for accredited investors and analysts. Presentation materials will be available on Ichor's investor page. The Summit is invitation-only, with registration closing on December 1, 2022. Ichor specializes in fluid delivery subsystems for semiconductor manufacturing and other industries.
Ichor Holdings, Ltd. (NASDAQ: ICHR) reported record revenues of $356 million for Q3 2022, an 8% increase from Q2. The gross margin improved to 17.9% (GAAP) and 18.0% (non-GAAP), up 100 basis points quarter-over-quarter. Earnings per share reached $1.00 (GAAP) and a record $1.22 (non-GAAP). Despite a weakened wafer fabrication environment due to export restrictions and reduced memory investments, Ichor aims to demonstrate business resilience. The company anticipates Q4 revenue between $315 million and $355 million.
Ichor Holdings, Ltd. (NASDAQ: ICHR) will announce its third quarter 2022 results on November 8, 2022, after market close. A conference call to discuss the results and business outlook will be held at 1:30 PM PT the same day. Investors can access the earnings press release on Ichor's investor website. The company specializes in critical fluid delivery subsystems for semiconductor capital equipment and other industries, with extensive product offerings including gas and chemical delivery systems.
Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in critical fluid delivery subsystems for semiconductor capital equipment, will participate in several investor conferences during Q3 2022. Key events include the D.A. Davidson Big Sky Technology Summit in Big Sky, MT on August 22, the Needham Virtual Semiconductor Conference on August 25, and the Jefferies Semiconductor Summit in Chicago, IL on August 30. Presentation materials and webcasts will be accessible on Ichor's investor relations page at ir.ichorsystems.com.
Ichor Holdings, Ltd. (NASDAQ: ICHR) reported a record revenue of $330 million for Q2 2022, up 12% from Q1. Gross margins improved to 16.8% on a GAAP basis, and earnings per share were $0.74. The company anticipates continued growth amidst supply-chain improvements, forecasting Q3 revenue between $320 million to $360 million and a GAAP EPS range of $0.63 to $0.89. Cash and cash equivalents rose to $46.1 million, reflecting positive operational cash flow despite increased expenses in inventory and accounts receivable.
Ichor Holdings, Ltd. (NASDAQ: ICHR) is set to announce its second quarter 2022 results on August 9, 2022, at 1:00 PM Pacific Time. A conference call scheduled for 1:30 PM will discuss the results and business outlook. The earnings press release and financial information will be accessible on Ichor's investor website following market close. Ichor specializes in designing and manufacturing fluid delivery subsystems for semiconductor capital equipment and other critical industries.
Ichor Holdings, Ltd. (NASDAQ: ICHR) announced its participation in the 14th Annual CEO Summit on July 13, 2022, in San Francisco, CA. The event facilitates small group meetings between investors, analysts, and the management teams of participating companies in the semiconductor capital equipment sector. Presentation materials will be available on Ichor's investor page. Co-sponsored by Cowen & Co., Jefferies, and Stifel, the summit is invitation-only, aimed at accredited investors and research analysts, with RSVP required by July 1, 2022.
Ichor Holdings, Ltd. (NASDAQ: ICHR) announced the appointment of Jorge Titinger to its board of directors, effective immediately. Titinger brings over 30 years of experience in the semiconductor equipment sector, having held leadership roles in companies like Silicon Graphics and Verigy. His expertise in corporate governance for publicly traded firms is expected to enhance Ichor's board. Titinger expressed enthusiasm about contributing to Ichor's growth and market expansion efforts following a successful IPO and strategic acquisitions.
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