Ichor Holdings (ICHR) shares were down around 5% in recent Monday trading after the company said it expects its Q4 earnings per share to fall short of a previously announced guidance range.
The company in November projected Q4 non-GAAP diluted EPS of $0.21 to $0.33. Analysts polled by FactSet expect non-GAAP EPS of $0.21.
Ichor also said it expects roughly $233 million in Q4 revenue, which is near the high end of the guidance of between $220 million and $235 million. Analysts surveyed by FactSet expect $228.7 million.
Ichor expects Q1 EPS to improve sequentially, with revenue seen in the range of $235 million to $250 million. Analysts polled by FactSet expect EPS of $0.25 on revenue of $234.1 million.
Price: 30.45, Change: -1.56, Percent Change: -4.86
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