Ichor Holdings (NASDAQ:ICHR) is reporting second quarter financial results on Monday 3rd August 2020, after market close.
According to analysts surveyed by Thomson Reuters, ICHR is expected to report 2Q20 income of $ 0.43 per share from revenue of $ 197.96 million.
For the full year, analysts anticipate top line of $ 817.87 million, while looking forward to income of $ 1.94 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 180.00 million ~ $ 220.00 million
Click Here For More Historical Outlooks Of Ichor Holdings
Previous Quarter Performance
Ichor Holdings came out with income for the first quarter of $ 0.52 per share, from the revenue of $ 220.03 million. The quarterly earnings grew 108.00 percent while revenues hiked 62.49 percent compared with the same quarter last year.
According to street consensus, ICHR was expected to report 1Q20 income of $ 0.60 per share from revenue of $ 213.71 million. The bottom line results missed street analysts by $ 0.08 or 13.33 percent, at the same time, top line results outshined analysts by $ 6.32 million or 2.96 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ICHR was $ 32.82, representing a 139.91 % increase from the 52 week low of $ 13.68 and a 17.6 % decrease over the 52 week high of $ 39.83.
The company has a market capital of $ 748.57 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.
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Recent Analyst recommendations
- On 23rd June 2020, upgraded by DA Davidson to Buy from Neutral rating.
- On 22nd June 2020, upgraded by B. Riley to Buy from Neutral rating.
Conference Call
Ichor Holdings will be hosting a conference call at 4:30 PM eastern time on 3rd August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ichorsystems.com
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices.
