Ichor Q1 loss widens to $0.30 GAAP EPS; revenue $201M, down 11% YoY

ICHOR HOLDINGS, LTD.

2024-Q1 EPS reported -$0.30 revenue$201,383,000

GAAP net loss $9.0M ($0.30 diluted EPS) vs. $5k loss ($0.00) in Q1 2023.
Revenue $201.4M, down 11% from $225.9M YoY; gross margin fell to 11.4% from 14.7%.
Non-GAAP diluted EPS loss $0.09, compared to $0.38 positive in Q1 2023.
Q2 2024 outlook: revenue $190M-$205M; GAAP EPS ($0.22)-($0.10); non-GAAP EPS ($0.03)-$0.09.
Cash raised $136.7M in March equity offering; total debt reduced by $117M during 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 second quarter 2024 results: revenue $190 million to $205 million, EPS $(0.22) to $(0.10) GAAP diluted EPS. Guidance initiated.

Period: second quarter 2024
Revenue: $190 million to $205 million
EPS: $(0.22) to $(0.10) GAAP diluted EPS
Guidance: initiated
Result: guidance update

Exact text from the filing

For the second quarter of 2024, we expect revenue to be in the range of $190 million to $205 million. We expect GAAP diluted EPS to be in the range of $(0.22) to $(0.10) and non-GAAP diluted EPS to be in the range of $(0.03) to $0.09.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ICHOR HOLDINGS, LTD. reported first quarter 2024 results: revenue $201 million, net income $(8,989), EPS $(0.30).

Period: first quarter 2024
Revenue: $201 million
Net income: $(8,989)
EPS: $(0.30)
Result: reported results

Exact text from the filing

fluid delivery subsystems and components for semiconductor capital equipment, today announced first quarter 2024 financial results. First quarter 2024 highlights: • Revenues of $201 million; • Gross margin of 11.4% on a GAAP basis and 12.2% on a non‐GAAP basis; • Earnings per share ("EPS") of $(0.30) on a GAAP basis and $(0.09) on a non-GAAP basis; and • $117

View on SEC.gov

1427 earnings releases filed in the last 30 days. Browse all earnings releases →

ICHOR HOLDINGS, LTD. filing history →

Source: SEC EDGAR

accession 0001628280-24-021083

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.