Ichor Q2 revenue rises 24% but misses analyst estimates
ICHR•Outlook
- Ichor expects Q3 2026 revenue between $315 mln and $345 mln
- Company sees Q3 2026 GAAP diluted EPS of $0.25 to $0.35
- Company expects continued sequential growth in revenue, gross margin and EPS for 2026
Overview
- Semiconductor equipment supplier's Q2 revenue rose 24% yr/yr but missed analyst expectations
- GAAP diluted EPS turned positive at $0.03, up from a loss a year ago
- Company raised $200 mln in equity, increasing cash to $256 mln at quarter-end
Result drivers
- Strategic execution - Co said improved results were driven by execution of strategic and operational priorities to strengthen operating model and expand margins
- Margin expansion - Co said gross margin expanded significantly, helping drive earnings to a three-year record
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Sales | Miss | $294.78 mln | $300.17 mln (7 Analysts) |
| Q2 EPS |
