Ichor Holdings, Ltd. Announces First Quarter 2021 Financial Results
FREMONT, Calif.–(BUSINESS WIRE)–Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment, today announced first quarter 2021 financial results.
Highlights for the first quarter of 2021:
- Revenues of $265 million, up 20% year-over-year and our eighth consecutive quarter of revenue growth;
- Gross margin of 14.9% on a GAAP basis and 16.1% on a non-GAAP basis;
- Net earnings of $0.51 per diluted share on a GAAP basis and $0.76 on a non-GAAP basis; and
- Cash flow from operations of $26 million and free cash flow of $20 million.
“We are very pleased to report today a record quarter for Ichor, with revenues at the…