Loading...
•
Dec 27, 2024
Ichor Q4 2024 Earnings Report
Reported strengthening customer demand with sequential revenue growth and expected continued growth.
Key Takeaways
Ichor Holdings reported Q4 2024 revenues of $233 million, at the upper end of their guidance range. GAAP EPS was $(0.12) and non-GAAP EPS was $0.08. The company expects continued revenue growth in Q1 2025 and significant gross margin improvement.
Revenues reached $233 million, hitting the high end of the guidance.
GAAP gross margin was 11.6%, while non-GAAP gross margin was 12.0%.
GAAP EPS was $(0.12), and non-GAAP EPS was $0.08.
Customer demand is strengthening, expecting another quarter of growth for Q1.
Ichor
Ichor
Forward Guidance
For the first quarter of 2025, Ichor Holdings expects revenue between $235 million and $255 million, GAAP diluted EPS between $0.04 and $0.16, and non-GAAP diluted EPS between $0.20 and $0.32.
Positive Outlook
- Revenue is expected to be between $235 million and $255 million.
- GAAP diluted EPS is expected to be between $0.04 and $0.16.
- Non-GAAP diluted EPS is expected to be between $0.20 and $0.32.