Ichor Holdings, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 04:05 pm EDT
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Ichor Holdings, Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 185.01 million compared to USD 329.56 million a year ago. Net loss was USD 20.66 million compared to net income of USD 21.54 million a year ago. Basic loss per share from continuing operations was USD 0.71 compared to basic earnings per share from continuing operations of USD 0.75 a year ago. Diluted loss per share from continuing operations was USD 0.71 compared to diluted earnings per share from continuing operations of USD 0.74 a year ago.
For the six months, sales was USD 410.88 million compared to USD 622.71 million a year ago. Net loss was USD 20.66 million compared to net income of USD 29.58 million a year ago. Basic loss per share from continuing operations was USD 0.71 compared to basic earnings per share from continuing operations of USD 1.03 a year ago. Diluted loss per share from continuing operations was USD 0.71 compared to diluted earnings per share from continuing operations of USD 1.02 a year ago.
Ichor Holdings, Ltd is engaged in designing, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. Its primary product offerings include gas and chemical delivery systems and subsystems, collectively known as fluid delivery systems and subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Its gas delivery subsystems deliver, monitor, and control precise quantities of the specialized gases used in semiconductor manufacturing processes, such as etch and deposition. Its chemical delivery systems and subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. It also provides precision-machined components, weldments, electron beam (e-beam) and laser-welded components, precision vacuum and hydrogen brazing, and surface treatment technologies.