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Jul 01, 2022
Ichor Q2 2022 Earnings Report
Reported record revenues and strong operational execution.
Key Takeaways
Ichor Holdings reported record revenues of $330 million, up 12% from Q1, and GAAP earnings per share of $0.74 and non-GAAP earnings per share of $0.98.
Record revenues of $330 million, at the upper end of guidance and up 12% from Q1.
Gross margin of 16.8% on a GAAP basis and 17.0% on a non‑GAAP basis, up 100 bp from Q1.
Earnings per share of $0.74 on a GAAP basis and $0.98 on a non-GAAP basis.
Customer demand remains strong and continues to outpace industry supply.
Ichor
Ichor
Forward Guidance
For the third quarter of 2022, Ichor expects revenue to be in the range of $320 million to $360 million. We expect GAAP diluted EPS to be in the range of $0.63 to $0.89 and non-GAAP diluted EPS to be in the range of $0.85 to $1.11.