Business Context and Reporting Period
Company: Ichor Holdings, Ltd.
Filing Type: Form 8-K (Current Report)
Date of Report: February 6, 2024
Reporting Period: Fourth Quarter and Fiscal Year 2023
The Company issued a press release on February 6, 2024, announcing its financial results for the fourth quarter and full fiscal year 2023. A conference call was held on the same date to discuss these results.
Key Financial Metrics
The filing text references the announcement of financial results but does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The Company utilizes several non-GAAP financial measures, including:
- Non-GAAP gross profit
- Non-GAAP operating income
- Non-GAAP net income
- Non-GAAP diluted EPS
- Free cash flow
Reconciliations between these non-GAAP measures and directly comparable GAAP measures are provided in the accompanying press release (Exhibit 99.1), which is not included in the text of this Form 8-K.
Material Changes
The filing text does not provide specific data regarding material changes in financial performance compared to prior periods. Investors must refer to the attached press release (Exhibit 99.1) for comparative analysis.
Guidance, Outlook, and Risks
Management Commentary: The Company directed stakeholders to a webcast conference call held on February 6, 2024, for a discussion of the 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 Disclaimer: Information furnished under Item 2.02, including the press release, is not deemed "filed" under 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 unless expressly stated.
Important Facts for Investor Verification
- Verify specific revenue, earnings, and cash flow figures in the press release (Exhibit 99.1) as they are not listed in the Form 8-K text.
- Review the reconciliation of non-GAAP measures to GAAP measures provided in the press release.
- Confirm the details of the conference call discussion held on February 6, 2024, via the Company's investor relations website.
- Note that the financial information in this filing is furnished but not "filed" for liability purposes under Section 18 of the Exchange Act.