secwatch.observer — SEC 8-K summary
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Issuer:     ICHOR HOLDINGS, LTD. (ICHR)
CIK:        0001652535
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001564590-22-037029
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ichor reports record Q3 rev $355.6M but guides Q4 down; cites export restrictions to China
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- Record revenue $355.6M, up 8% QoQ; GAAP EPS $1.00, non-GAAP EPS $1.22 (record).
- Gross margin 17.9% GAAP / 18.0% non-GAAP, up 100bp QoQ; record operating income.
- Q4 2022 revenue guidance $315-355M; non-GAAP EPS $0.80-1.04, implying sequential decline.
- CEO cites weakening WFE environment due to China export restrictions and memory pull-back.
- Cash $56.5M; operating cash flow $19.6M in Q3; capex $8.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652535/000156459022037029/0001564590-22-037029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652535/000156459022037029/ichr-8k_20221108.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-037029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer