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) reported third quarter 2021 revenues of $263 million, marking a 15% year-over-year increase. The gross margin stood at 16.6% (GAAP) and 16.7% (non-GAAP), while net earnings were $0.64 per diluted share (GAAP) and $0.81 (non-GAAP). Despite challenges from COVID-related constraints, the company anticipates robust revenue levels for 2022. Ichor ended the quarter with a strong balance sheet, having expanded its credit facility to $400 million, increasing flexibility for growth initiatives.
Ichor Holdings (NASDAQ: ICHR) announced preliminary third quarter 2021 financial results, reporting approximately $263 million in revenue and a gross margin between 16.6% and 16.7%. Diluted earnings per share are estimated at $0.63 to $0.65 on a GAAP basis. COVID-19 restrictions in Malaysian state of Selangor significantly affected production, leading to a 40% reduction in output. Despite these challenges, Ichor anticipates fourth quarter revenues of around $290 million, projecting sustained demand into 2022.
Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in semiconductor equipment subsystems, announced participation in key investor conferences during Q3. These include the B. Riley Securities Summer Summit on August 18–19, Needham Virtual SemiCap Conference on August 24, and Jefferies Virtual Semiconductor Summit on August 31 – September 1, all formatted for 1x1 meetings. Presentation materials will be available on the investor relations page of Ichor’s website.
Headquartered in Fremont, CA, Ichor specializes in fluid delivery subsystems essential for semiconductor manufacturing processes.
Ichor Holdings, Ltd. (NASDAQ: ICHR) reported strong second quarter 2021 results, achieving revenues of $282 million, up 27% year-over-year, marking the ninth consecutive quarter of growth. Gross margin improved to 16.8%, while net earnings reached $0.79 per diluted share. Cash flow from operations was $13 million, with free cash flow of $3 million. The company expects Q3 revenue between $290 million and $320 million and remains optimistic about future demand in the semiconductor sector.
Ichor Holdings (NASDAQ: ICHR) will announce its second quarter 2021 earnings on August 3rd, 2021. A press release will be issued just after 1:00 PM Pacific Time, followed by a conference call at 1:30 PM 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 can be found on the investor relations section of Ichor's website, with an on-demand version available post-event.
Ichor Holdings, Ltd. (NASDAQ: ICHR) has appointed Yuval Wasserman to its board of directors, effective May 20, 2021. Wasserman boasts extensive experience in the semiconductor manufacturing industry, having previously served as CEO of Advanced Energy Industries until March 2021. His leadership skills and successful track record in growth and M&A are expected to bolster Ichor's strategic initiatives. The company has seen significant growth since its IPO in 2016, focusing on market expansion through new product development and operational efficiencies.
Ichor Holdings, Ltd. (NASDAQ: ICHR) announced its participation in several upcoming virtual investor conferences during Q2 2021. The conferences include the Needham Annual Technology & Media Conference from May 17-20, the Cowen Annual Technology, Media & Telecom Conference from June 1-3, and the Stifel 2021 Cross Sector Insight Conference from June 8-10. Management will present at various times, with material available on Ichor's investor relations page. The 13th Annual CEO Summit is also scheduled for June 15, featuring small group meetings with multiple participating management teams.
Ichor Holdings, Ltd. (NASDAQ: ICHR) reported a record first quarter 2021 with revenues of $265 million, marking a 20% year-over-year increase and the eighth consecutive quarter of growth. Gross margin was 14.9% (GAAP) and 16.1% (non-GAAP), while net earnings stood at $0.51 (GAAP) and $0.76 (non-GAAP). The company generated $26 million in cash flow from operations and a free cash flow of $20 million. For Q2 2021, Ichor anticipates revenues between $270 million and $300 million.
Ichor Holdings, Ltd. (NASDAQ: ICHR) will announce its first quarter 2021 results on May 4, 2021. An earnings press release will be issued post-market close, followed by a conference call at 1:30 PM PT to discuss the results and business outlook. Investors can access the earnings press release and additional financial details on Ichor's investor website. The company specializes in fluid delivery subsystems for semiconductor equipment, producing critical components for gas and chemical delivery systems.
Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in critical fluid delivery subsystems for semiconductor capital equipment, announced participation in the Susquehanna Technology Conference from March 9 to 11, 2021. Presentation materials will be accessible on the investor relations page at ir.ichorsystems.com. Ichor designs, engineers, and manufactures essential components for semiconductor manufacturing, including gas and chemical delivery subsystems and precision-machined components.
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