Ichor Holdings Reports Q4 Loss, Revenue Beats Expectations

FREMONT, Calif., Feb. 28, 2023/PRNewswire/ -- Ichor Holdings, Ltd. (ICHR) announced a net loss of $3.9 million in the fourth quarter of 2022, equivalent to 12 cents per share. Excluding non-recurring items, adjusted earnings reached 8 cents per share, falling short of analysts' consensus estimate of 9 cents.

Revenue during the quarter totaled $233.3 million, exceeding the $233 million anticipated. The company's annual results included a net loss of $20.8 million (64 cents per share) and revenue of $849 million.

For the first quarter of its fiscal year, Ichor Holdings expects per-share earnings between 20 and 32 cents and revenue between $235 and $255 million.