Ichor Q4 preliminary revenue $300-302M; Q1 guidance $210-240M on WFE weakness

ICHOR HOLDINGS, LTD.

2022-FY EPS reported $2.51 revenue$1,280,069,000

Preliminary Q4 2022 revenue $300-302M, YoY +5%, sequential -15%.
Year-end cash grew to ~$82M; strong cash flow from operations.
Q1 2023 revenue guidance $210-240M citing further curtailment in WFE, especially memory.
CEO says sequential declines modestly worse than expected; does not expect similar declines beyond Q1.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ICHOR HOLDINGS, LTD. reported the first quarter of 2023 results: revenue first quarter 2023 revenues to be in the range of $210 to $240 million. Guidance initiated.

Period: the first quarter of 2023
Revenue: first quarter 2023 revenues to be in the range of $210 to $240 million
Guidance: initiated
Result: guidance update

Exact text from the filing

With our current visibility, we expect first quarter 2023 revenues to be in the range of $210 to $240 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ICHOR HOLDINGS, LTD. reported the fourth quarter of 2022 results: revenue Revenues of $300 to $302 million.

Period: the fourth quarter of 2022
Revenue: Revenues of $300 to $302 million
Result: preliminary results

Exact text from the filing

For the fourth quarter of 2022, Ichor expects to report: • Revenues of $300 to $302 million

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ICHOR HOLDINGS, LTD. filing history →

Source: SEC EDGAR

accession 0001564590-23-000334

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