Business Context and Reporting Period
Company: Ichor Holdings, Ltd.
Filing Type: Form 8-K (Current Report)
Date of Report: August 8, 2023
Reporting Period: Second Quarter 2023
This filing announces the issuance of a press release detailing the Company's second quarter 2023 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 Form 8-K text serves as a notification of the results and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The filing states that 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 contained in the press release furnished as Exhibit 99.1, which is not included in the provided text.
Material Changes
The filing text does not provide specific data regarding material changes in financial performance versus the prior comparable period. Investors must refer to the attached press release (Exhibit 99.1) for comparative analysis.
Guidance, Outlook, and Management Commentary
Management Commentary: The Company scheduled a webcast conference call for August 8, 2023, at 1:30 p.m. PT to discuss the second quarter results.
Disclosure Policy: The Company utilizes 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 and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Important Facts for Investor Verification
- Verify the specific revenue and earnings figures in the press release (Exhibit 99.1) as they are not listed in the 8-K body text.
- Review the reconciliation of non-GAAP measures to GAAP measures provided in the press release to understand adjustments made to financial results.
- Confirm the details of the conference call held on August 8, 2023, for management's qualitative outlook and commentary.
- Check the Company's investor relations website for any additional material non-public disclosures made in conjunction with this filing.