Ichor Holdings, Ltd. Announces Fourth Quarter and Fiscal Year 2019 Financial Results
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Ichor Holdings (ICHR) PT Lowered to $40 at Needham & Company
February 6, 2020 8:49 AM ESTNeedham & Company analyst N. Quinn Bolton lowered the price target on Ichor Holdings (NASDAQ: ICHR) to $40.00 (from $43.00) while maintaining a Buy rating.
The analyst commented, "Ichor reported 4Q19 results in-line and guided 1Q20 revenue up ~3% from its January pre-announcement. ICHR's 2020 WFE... More
Ichor (ICHR) Misses Q4 EPS by 2c, Revenues Beat; Offers Q1 EPS Mid-Point Guidance Above Consensus, Q1 Revenues Outlook Above Consensus
February 5, 2020 4:44 PM ESTIchor (NASDAQ: ICHR) reported Q4 EPS of $0.48, $0.02 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $189.34 million versus the consensus estimate of $188.97 million.
Highlights for the fourth quarter of 2019:
Revenues of $189 million, at the high end of expectations;Net earnings of $0.35 per diluted share on a GAAP basis and $0.48 on a non-GAAP basis; andCash flow from operations of $32 million and free cash flow of $28... More