Ichor Holdings: Q1 Earnings Snapshot

FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Ichor Holdings, Ltd. (ICHR) on Tuesday reported a loss of $9 million in its first quarter.

The Fremont, California-based company said it had a loss of 30 cents per share. Losses, adjusted for stock option expense and amortization costs, were 9 cents per share.

The company posted revenue of $201.4 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $200 million.

For the current quarter ending in June, Ichor Holdings expects its results to range from a loss of 3 cents per share to earnings of 9 cents per share.

The company said it expects revenue in the range of $190 million to $205 million for the fiscal second quarter.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICHR at https://www.zacks.com/ap/ICHR

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