secwatch.observer — SEC 8-K summary
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Issuer:     ICHOR HOLDINGS, LTD. (ICHR)
CIK:        0001652535
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001628280-24-021083
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652535/000162828024021083/0001628280-24-021083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652535/000162828024021083/ichr-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-021083

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