Ichor Holdings, Ltd. Reports Earnings Guidance for the First Quarter 2018 and Fourth Quarter 2017
January 17, 2018 at 01:00 pm
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Ichor Holdings, Ltd. reported earnings guidance for the first quarter 2018 and fourth quarter 2017. For the quarter, the company expects revenues to be in the range of $240 to $250 million. This outlook includes first-quarter revenue from Talon Innovations of approximately $20 million.
For the fourth quarter, the company revenue of approximately $183 million, approximately $4 million of revenue associated with its previously-announced acquisition of Talon Innovations, which closed in December 2017; total cash and debt balances of approximately $69 million and $190 million.
Ichor Holdings, Ltd is engaged in designing, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. Its primary product offerings include gas and chemical delivery systems and subsystems, collectively known as fluid delivery systems and subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Its gas delivery subsystems deliver, monitor, and control precise quantities of the specialized gases used in semiconductor manufacturing processes, such as etch and deposition. Its chemical delivery systems and subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. It also provides precision-machined components, weldments, electron beam (e-beam) and laser-welded components, precision vacuum and hydrogen brazing, and surface treatment technologies.