Ichor Holdings Stock Price, News & Analysis

Ichor Holdings, Ltd. (NASDAQ: ICHR) announced the appointment of Jorge Titinger to its board of directors, effective immediately. Titinger brings over 30 years of experience in the semiconductor equipment sector, having held leadership roles in companies like Silicon Graphics and Verigy. His expertise in corporate governance for publicly traded firms is expected to enhance Ichor's board. Titinger expressed enthusiasm about contributing to Ichor's growth and market expansion efforts following a successful IPO and strategic acquisitions.

Ichor Holdings, Ltd. (NASDAQ: ICHR) announced its participation in two investor conferences during Q2 2022. The conferences include the B. Riley Securities 22nd Annual Institutional Investor Conference in Beverly Hills, CA, on May 25-26, 2022, and the Cowen 50th Annual Technology, Media & Telecom Conference in New York, NY, on June 1-2, 2022. Presentation materials will be available on their investor relations website. Ichor specializes in designing and manufacturing critical fluid delivery subsystems for semiconductor capital equipment.

Ichor Holdings, Ltd. (NASDAQ: ICHR) reported first quarter 2022 revenues of $293 million, an 11% increase year-over-year. The company's gross margin stood at 15% GAAP and 16% non-GAAP. Earnings per share were $0.28 GAAP and $0.70 non-GAAP. Despite record revenues, supply chain challenges persist, prompting increased hiring and manufacturing capacity, which impacted gross margins. Looking ahead, Q2 2022 revenue is forecasted between $290 million and $330 million.

Ichor Holdings, Ltd. (NASDAQ: ICHR) will announce its first quarter 2022 earnings on May 10, 2022. The earnings press release will be issued at 1:00 PM Pacific Time, followed by a conference call at 1:30 PM to discuss results and future business outlook. Investors can access the earnings release and additional information via Ichor's investor website. Ichor specializes in fluid delivery subsystems for semiconductor capital equipment, with products critical to manufacturing processes.

Ichor Holdings, Ltd. (NASDAQ: ICHR) has appointed Paul Chhabra as the new Chief Operating Officer, effective April 11, 2022. Chhabra, with over 20 years of experience in global supply chain and manufacturing, will oversee Ichor's operations. He previously held a senior position at Franklin Electric and served as vice president for the semiconductor division at Applied Materials. His appointment follows the transition of former COO Kevin Canty to head of strategic initiatives, marking a significant leadership change amidst the company's growth.

Ichor Holdings, Ltd. (NASDAQ: ICHR) reported record revenues of $1.1 billion and earnings of $2.45 per diluted share for fiscal year 2021. The fourth quarter revenue reached $287.2 million, up from $262.9 million in Q3 2021. Gross margins improved, showing a 250bp increase for GAAP and 210bp for non-GAAP year-over-year. The acquisition of IMG Companies, LLC added precision capabilities. The first quarter 2022 outlook predicts revenue between $280 million to $320 million and diluted EPS between $0.55 to $0.79.

Ichor Holdings, Ltd. (NASDAQ: ICHR) will announce its fourth quarter and full year 2021 financial results on February 8, 2022. An earnings press release will be issued just after 1:00 PM Pacific Time, followed by a conference call at 2:00 PM to discuss the results and outlook. Investors can access the press release and supplemental financial information on Ichor's investor website. The company specializes in critical fluid delivery subsystems for semiconductor capital equipment and serves multiple industries including defense and medical.

Ichor Holdings, Ltd. (NASDAQ: ICHR) announced management participation in the 24th Annual Needham Growth Conference, taking place virtually from January 10-14, 2022. The company's presentation will be webcast live on January 10 at 1:15 PM EST. Ichor specializes in designing and manufacturing critical fluid delivery subsystems for semiconductor capital equipment, with additional applications in defense/aerospace and medical industries. Key products include gas and chemical delivery subsystems, essential in semiconductor manufacturing processes.

Ichor Holdings, Ltd. (NASDAQ: ICHR) announced its participation at SEMICON Japan 2021, presenting the Ichor Integrated Manifold System for chemical delivery in semiconductor processes on December 16, 2021, at 10:30am JST. This modular architecture enhances efficiency and reduces chemical waste. Ichor's strong IP portfolio includes two newly issued US Patents, reinforcing its leadership in fluid delivery systems for the semiconductor industry. Visitors can learn more at the KITZ SCT Corporation booth during the event.