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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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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