FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Ichor Holdings, Ltd. (ICHR) on Monday reported a loss of $2.8 million in its third quarter.
On a per-share basis, the Fremont, California-based company said it had a loss of 8 cents. Earnings, adjusted for stock option expense and amortization costs, were 12 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.
The company posted revenue of $211.1 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $203.1 million.
For the current quarter ending in December, Ichor Holdings expects its per-share earnings to range from 21 cents to 33 cents.
The company said it expects revenue in the range of $220 million to $235 million for the fiscal fourth quarter.
_____
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.