Ichor Holdings: Q1 Earnings Snapshot

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FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Ichor Holdings, Ltd. (ICHR) on Tuesday reported a loss of $5,000 in its first quarter.

On a per-share basis, the Fremont, California-based company said it had a loss of less than 1 cent. Earnings, adjusted for amortization costs and stock option expense, were 38 cents per share.

The company posted revenue of $225.9 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $225 million.

For the current quarter ending in June, Ichor Holdings expects its results to range from a loss of 8 cents per share to earnings of 8 cents per share.

The company said it expects revenue in the range of $170 million to $190 million for the fiscal second quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICHR at https://www.zacks.com/ap/ICHR

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