Ichor Q4 2020 Earnings Report
Key Takeaways
Ichor Holdings announced record revenues and strong growth for Q4 2020, with revenue up 29% year-over-year. The company achieved sequential revenue growth every quarter, demonstrating market share gains. They also saw improvements in gross margin, operating margin, and earnings per share.
Revenues of $245 million, up 29% year-over-year.
Gross margin of 14.0% on a GAAP basis and 15.8% on a non-GAAP basis.
Net earnings of $0.51 per diluted share on a GAAP basis and $0.81 on a non-GAAP basis.
Cash flow from operations of $40 million and free cash flow of $38 million.
Ichor
Ichor
Forward Guidance
For the first quarter of 2021, we expect revenue to be in the range of $245 million to $265 million. We expect GAAP diluted EPS to be in the range of $0.46 to $0.58 and non-GAAP diluted EPS to be in the range of $0.64 to $0.76.