secwatch.observer — SEC 8-K summary
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Issuer:     ICHOR HOLDINGS, LTD. (ICHR)
CIK:        0001652535
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001564590-23-001557
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ichor reports Q4 rev $302M, GAAP EPS $0.49; Q1 guidance sharply lower on memory/China headwinds
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652535/000156459023001557/0001564590-23-001557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652535/000156459023001557/ichr-8k_20230207.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-001557

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