earnings
confidence high
sentiment negative
materiality 0.75
Ichor reports Q4 rev $302M, GAAP EPS $0.49; Q1 guidance sharply lower on memory/China headwinds
ICHOR HOLDINGS, LTD.
2022-FY EPS reported
$2.51
revenue$1,280,069,000
- Q4 revenue $301.7M, up 5% YoY but down 15% from prior quarter; GAAP diluted EPS $0.49, non-GAAP $0.72.
- FY2022 record revenue $1.28B (+17% YoY), GAAP EPS $2.51, non-GAAP EPS $3.62.
- Q1 2023 guidance: revenue $210-240M, GAAP diluted EPS ($0.03)-$0.16, non-GAAP $0.19-$0.37 — steep sequential decline.
- Management cites memory capital spending softness and China export restrictions as key near-term demand headwinds.
- Operating cash flow $38.8M in Q4; cash balance $86.5M, up $30M from Q3.