earnings
confidence high
sentiment negative
materiality 0.70
Ichor Q1 revenue $293M (+11% YoY) but GAAP EPS falls to $0.28 from $0.51 QoQ; cash used $36M
ICHOR HOLDINGS, LTD.
2022-Q1 EPS reported
$0.28
revenue$293,146,000
- Revenue $293.1M (+11% YoY, +2% QoQ); GAAP net income $8.0M ($0.28 diluted EPS).
- Non-GAAP diluted EPS $0.70, down from $0.90 in Q4 2021 and $0.76 in Q1 2021.
- Gross margin 15% GAAP / 16% non-GAAP, pressured by labor hiring and freight costs.
- Cash flow: $36.3M used in operations; inventories rose $27.7M to support demand.
- Q2 outlook: revenue $290M-$330M, non-GAAP EPS $0.68-$0.94.