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Ichor Holdings - ICHR STOCK NEWS

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.

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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.

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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.

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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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Ichor Holdings (NASDAQ: ICHR) reported strong financial results for Q4 and FY 2020. Q4 revenues reached $245 million, up 29% year-over-year, marking the seventh consecutive quarter of growth. The gross margin improved to 14.0% (GAAP) and 15.8% (non-GAAP). Net earnings per diluted share were $0.51 (GAAP) and $0.81 (non-GAAP). For FY 2020, revenues totaled $914 million, representing 47% growth. The company anticipates Q1 2021 revenue between $245 million and $265 million. Despite challenges posed by COVID-19, Ichor executed its objectives effectively.

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Ichor Holdings, Ltd. (NASDAQ: ICHR) announced preliminary results for Q4 2020, projecting revenue of approximately $245 million, marking the 7th consecutive quarter of sequential growth. The company reported positive cash flows from operations, with total cash around $253 million and debt of approximately $202 million by year-end 2020. Ichor expects Q1 2021 revenue to continue increasing, projected between $240 million and $260 million. The Q4 earnings call is scheduled for February 2nd.

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Ichor Holdings, Ltd. (NASDAQ: ICHR) has announced its participation in the 23rd Annual Needham Growth Conference, scheduled virtually from January 11 to 15, 2021. The company's live presentation will occur on January 14 at 4:15 PM EST and will be accessible on their investor relations page. Ichor specializes in designing, engineering, and manufacturing critical fluid delivery subsystems for semiconductor capital equipment, which are essential in semiconductor manufacturing processes.

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Ichor Holdings, Ltd. (NASDAQ: ICHR) announced a priced underwritten public offering of 4,000,000 ordinary shares at $31.75 each, with an additional option for underwriters to purchase 600,000 more shares. The offering, upsized from 3,500,000 shares, aims to raise funds for general corporate purposes, including capital expenditures and potential acquisitions. The transaction is set to close on December 14, 2020, subject to customary conditions. Stifel and Cowen are leading the offering, which follows an effective shelf registration statement filed with the SEC.

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Ichor Holdings, Ltd. (NASDAQ: ICHR) announced an underwritten public offering of 3,500,000 ordinary shares, with an option for underwriters to purchase an additional 525,000 shares. The net proceeds will be used for general corporate purposes including potential acquisitions and growth opportunities. Stifel and Cowen are the joint book-running managers for this offering, which follows an effective registration statement filed with the SEC in 2020. A prospectus supplement detailing the offering will be available on the SEC’s website.

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Ichor Holdings, Ltd. (NASDAQ: ICHR) has successfully acquired the Nogales, Mexico division of CR Machine, a strategic move aimed at enhancing its semiconductor component capabilities. The acquisition closed on December 1st and was financed using cash reserves. The Mexico division, generating under $10 million in year-to-date revenues, specializes in precision-machined components crucial for the semiconductor market. CEO Jeff Andreson highlighted the acquisition's alignment with Ichor's goal of expanding its market presence and product offerings.

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Ichor Holdings, Ltd. (NASDAQ: ICHR) reported strong third-quarter 2020 results, with revenues of $228 million, a 47% increase year-over-year, marking six consecutive quarters of growth.

Net earnings reached $10.5 million or $0.45 per diluted share (GAAP), while non-GAAP earnings were $14.6 million or $0.62 per diluted share. The company expects fourth-quarter revenue of $220-$245 million and GAAP EPS between $0.38-$0.59.

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FAQ

What is the current stock price of Ichor Holdings (ICHR)?

The current stock price of Ichor Holdings (ICHR) is $28.21 as of February 4, 2025.

What is the market cap of Ichor Holdings (ICHR)?

The market cap of Ichor Holdings (ICHR) is approximately 921.9M.

What does Ichor Holdings Ltd do?

Ichor Holdings Ltd designs, engineers, and manufactures critical fluid delivery subsystems and components for semiconductor capital equipment.

Which markets does Ichor serve?

Ichor serves the semiconductor, LED, OLED, alternative energy, data storage, and flat panel display markets.

What are fluid delivery subsystems?

Fluid delivery subsystems include gas and chemical delivery systems that are essential for the semiconductor manufacturing process.

Where does Ichor generate most of its revenue?

A majority of Ichor's revenue is generated from Singapore.

What kind of products does Ichor manufacture?

Ichor manufactures gas and chemical delivery subsystems, machined components, weldments, and proprietary products for fluid delivery systems.

Who are Ichor's main customers?

Ichor's main customers are major original equipment manufacturers (OEMs) in the semiconductor industry.

What awards has Ichor received?

Ichor has received numerous supplier-of-the-year awards from leading OEMs for its excellence in quality and service.

In which countries does Ichor operate?

Ichor operates in the United States, the United Kingdom, Singapore, Malaysia, Korea, and Mexico.

What is Ichor's approach to product development?

Ichor focuses on rapid product introductions, global supply chain management, and maintaining high production quality standards.

How does Ichor support its customers?

Ichor provides turnkey solutions, allowing OEMs to outsource non-critical elements of their tool design, production, and support.
Ichor Holdings

Nasdaq:ICHR

ICHR Rankings

ICHR Stock Data

921.93M
33.17M
1.68%
95.74%
2.09%
Semiconductor Equipment & Materials
Semiconductors & Related Devices
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