ET 17:02

Ichor Holdings (ICHR) Reports Q4 Loss of $16M, Surpasses and Beats Analyst Estimates

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Ichor Holdings (ICHR) reported a fourth-quarter loss of $16 million, or 46 cents per share, with adjusted earnings of 1 cent per share. Revenue reached $223.6 million, exceeding the $221 million average estimate from three analysts. Year-over-year, the company posted a loss of $52.8 million, or $1.54 per share, on revenue of $947.7 million. For the quarter ending March 31, it expects per-share earnings of 8 to 16 cents and revenue of $240 to $260 million.

EditorJack Lee