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Sep 29, 2023
Ichor Q3 2023 Earnings Report
Ichor's revenues returned to sequential growth with a 6% increase compared to Q2
Key Takeaways
Ichor Holdings reported Q3 2023 financial results with revenues of $197 million, at the upper end of the guidance range. GAAP EPS was $(0.36) and non-GAAP EPS was $0.07.
Revenues of $197 million, at the upper end of the guidance range.
Gross margin of 12.2% on a GAAP basis and 13.1% on a non‑GAAP basis.
GAAP earnings per share of $(0.36).
Non-GAAP earnings per share of $0.07.
Forward Guidance
For the fourth quarter of 2023, we expect revenue to be in the range of $190.0 million to $205.0 million. We expect GAAP diluted EPS to be in the range of $(0.30) to $(0.20) and non-GAAP diluted EPS to be in the range of $(0.03) to $0.17.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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