Ichor Holdings Plunges 17.32% on Earnings Miss

On May 6, 2025, Ichor Holdings experienced a significant drop of 17.32% in pre-market trading, marking a notable decline in its stock performance.

Ichor Holdings reported adjusted earnings per share of $0.12 for the first quarter of 2025, falling short of analyst estimates of $0.24. The company's revenue for the quarter was $244.5 million, slightly below expectations. This earnings miss and weak guidance contributed to the stock's decline.

During the Q1 2025 earnings call, Ichor Holdings disclosed that operating expenses were $23.7 million, in line with expectations. Operating income for the quarter was $6.6 million, with a net interest expense of $1.6 million. These financial details further highlighted the company's challenges in meeting market expectations.

Ichor Holdings' earnings and revenue surprises for the quarter ended December 2024 were -11.11% and 0.13%, respectively. This performance underscored the company's struggles in aligning with investor expectations, contributing to the negative market sentiment.