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Dec 31, 2021
Ichor Q4 2021 Earnings Report
Reported record revenues and earnings for fiscal 2021 and Q4 2021, despite facing supply chain challenges.
Key Takeaways
Ichor Holdings reported record revenues and earnings for both the fourth quarter and the full fiscal year 2021. The company's Q4 revenue reached $287.2 million, with a net income of $14.9 million and a diluted EPS of $0.51. Non-GAAP net income was $26.2 million, and non-GAAP diluted EPS was $0.90.
Record revenues of $1.1 billion for fiscal year 2021.
Record earnings of $2.45 per share on a GAAP basis and $3.37 per share on a non-GAAP basis for fiscal year 2021.
Gross margin of 16.2% on a GAAP basis and 16.7% on a non-GAAP basis for fiscal year 2021.
Acquired IMG Companies, LLC, adding precision machining capabilities and an accretive operating model.
Ichor
Ichor
Forward Guidance
For the first quarter of 2022, Ichor expects revenue to be in the range of $280 million to $320 million, with GAAP diluted EPS expected to be between $0.55 and $0.79, and non-GAAP diluted EPS between $0.80 and $1.04.