ICHOR HOLDINGS, LTD. current report, 08 November 2022

Business Context and Reporting Period

Company: Ichor Holdings, Ltd.
Filing Type: Form 8-K (Current Report)
Date of Report: November 8, 2022
Reporting Period: Third Quarter 2022

This filing announces the issuance of a press release detailing the Company's third quarter 2022 financial results. The Company is incorporated in the Cayman Islands and trades on the NASDAQ Stock Market under the symbol "ICHR".

Key Financial Metrics

The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the press release furnished as Exhibit 99.1, which is referenced but not included in the provided text.

The Company utilizes the following non-GAAP financial measures in its reporting:

  • Non-GAAP gross profit
  • Non-GAAP operating income
  • Non-GAAP net income
  • Non-GAAP diluted EPS
  • Free cash flow

The press release includes a reconciliation of each non-GAAP measure to the directly comparable GAAP measure.

Material Changes

The filing text does not provide specific data regarding material changes versus the prior comparable period. Investors must refer to the attached press release (Exhibit 99.1) for comparative financial analysis.

Guidance, Outlook, and Risks

Management Commentary: The Company scheduled a webcast conference call for November 8, 2022, at 1:30 p.m. PT to discuss the third quarter results.
Disclosure Policy: The Company uses the "Investors" section of its website (ir.ichorsystems.com) to disclose material non-public information in compliance with Regulation FD.
Legal Status of Information: Information furnished under Item 2.02, including the press release, is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities of that section, nor is it incorporated by reference into other filings except as expressly set forth.

Investor Verification Checklist

  • Review Exhibit 99.1 (Press Release) for specific Q3 2022 revenue, net income, and EPS figures.
  • Verify the reconciliation between GAAP and non-GAAP financial measures provided in the press release.
  • Check the Company's investor relations website for any additional material non-public disclosures made in connection with the conference call.
  • Confirm the specific details of the conference call transcript or recording for management's outlook and commentary.