Financial Data and Key Metrics Changes - Q4 revenues were $287 million, up 9% from Q3 and 17% higher than Q4 of 2020 [6][23] - Full-year revenues totaled a record $1.1 billion, with net income growing by 65% on a revenue growth of 20% [7][25] - Gross margin improved to 17.1% in Q4, up 40 basis points from Q3, and full-year gross margin increased to 16.7%, up 210 basis points from 2020 [7][23] Business Line Data and Key Metrics Changes - The acquisition of IMG contributed $7 million in incremental revenue in Q4 [6] - Operating margin for Q4 was 10.7%, up 20 basis points from Q3, and for the full-year, operating margin was also 10.7%, up 240 basis points from 2020 [24] Market Data and Key Metrics Changes - The wafer fab equipment (WFE) industry is expected to grow in the high-teens percentages, with demand projected at $100 billion [8][11] - Supply chain challenges have worsened, affecting component supply and labor availability due to the Omicron variant [9][10] Company Strategy and Development Direction - The company plans to increase CapEx to support capacity expansion, aiming for quarterly revenue run rates in excess of $400 million [13] - The IMG acquisition is expected to add 100 basis points to gross margin and at least 40 basis points to operating margin for fiscal 2022 [15] - The company is focusing on developing new products to expand market share and drive profitability [17] Management's Comments on Operating Environment and Future Outlook - Management expects continued revenue growth and gross margin improvements, with a forecast for Q1 revenues to be up around 4% to 5% sequentially [11][30] - The company anticipates that supply chain conditions will persist through at least the first half of the year, impacting operations [29] Other Important Information - The company reported earnings per share of $0.90 for Q4, with strong operating leverage resulting in record net earnings of $98 million [25][26] - The acquisition of IMG was funded with $140 million in cash and $130 million in incremental borrowing, increasing total debt to $295 million [26] Q&A Session Summary Question: Guidance on earnings range - The earnings range of $0.80 to $1.04 is primarily driven by a full quarter of IMG operations, with some volume leverage expected [36][38] Question: Impact of IMG acquisition on capacity - The IMG acquisition does provide some incremental capacity that can be utilized for core business operations [39] Question: Supply chain pressures - Component shortages are currently the biggest challenge, particularly with electronic components and semiconductors [47][48] Question: CapEx plans - The company is planning for long-term capacity expansion, aligning with customer demand forecasts for the next few years [49][50] Question: IMG integration and customer reaction - The integration of IMG is progressing well, with positive customer reactions noted [70] Question: Supply chain issues quantification - The company has not quantified the impact of supply chain issues but has expanded the guidance range to account for uncertainties [75] Question: Demand exceeding expectations - If demand proves to be higher than anticipated, the company is confident in its ability to meet that demand, contingent on supply chain improvements [78]

/lifichor Investor Presentation 24th Annual Needham Growth Conference January 10, 2022 Proprietary Forward-Looking Statements, Non-GAAP Financials and COVID-19 This Presentation and the accompanying oral presentation include "forward‐looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding Ichor Holdings, Ltd. and its subsidiaries ("Ichor" or the "Company"), its financial condition, its resu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 24, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission File Number: 001-37961 ICHOR HOLDINGS, LTD. (Exact Name of Registrant as Specified in its Charter) Cayman Islands Not Applicable ( State ...

Financial Data and Key Metrics Changes - Q3 revenues were $263 million, which is $27 million below the low end of guidance, equating to approximately 1.5 weeks of gas panel output [6][7] - Gross margin for Q3 was 16.7%, with net earnings of $0.81 per share, up over 30% from the same quarter last year [14][30] - For the first nine months of 2021, net income increased by over 80% compared to the same period in 2020 [31] Business Line Data and Key Metrics Changes - The gas panel integration business was significantly impacted due to reduced capacity from the Malaysian factory, which lost about 40% of its output through mid-August [10][11] - Operating expenses for Q3 were $16.3 million, with an operating margin of 10.5%, which is 65 basis points below Q2 but 220 basis points above Q3 of last year [29] - The company expects Q4 revenue guidance in the range of $275 million to $305 million, indicating sequential growth above Q3 levels [24][35] Market Data and Key Metrics Changes - The demand environment remains strong, with expectations to set new revenue records in Q4 and continued growth into 2022 [13][15] - The company anticipates a market growth of around 10% year-over-year for 2022, despite supply chain constraints [44] Company Strategy and Development Direction - The company is focusing on increasing capacity through capital expenditures to support strong demand forecasts, with plans to achieve quarterly run rates in excess of $400 million [16][38] - The strategy includes leveraging engineering capabilities and IP portfolio to develop new products, aiming for long-term expansion of served markets and increased profitability [19] Management's Comments on Operating Environment and Future Outlook - Management noted that supply chain constraints have dampened expectations but still foresee strong demand and revenue growth [13][24] - The company is optimistic about gross margin improvements and expects to continue delivering greater margin leverage as it progresses into 2022 [36] Other Important Information - The company ended Q3 with cash and investments of $227 million, a decline from Q2 due to cash used in operations and increased inventory [32] - A refinancing was completed, expanding borrowing capacity from $300 million to $400 million, providing more capital for acquisitions and investments [34][72] Q&A Session Summary Question: Market share implications from operational impacts - Management indicated that any market share shifts are likely temporary and estimated a potential impact of no more than $10 million to $15 million [42] Question: Growth expectations for 2022 - Management expects steady growth into 2022, with a revenue market growth of around 10% year-over-year [44] Question: Gross margin potential moving forward - Management anticipates a 10 to 20 basis points improvement in gross margin as the business grows sequentially [48] Question: Impact of manufacturing hiccups on long-term processes - Management acknowledged the need to adjust inventory levels and geographic considerations based on recent supply chain challenges [51] Question: Fourth quarter revenue guidance changes - Management clarified that the lower guidance is primarily due to broader supply chain challenges rather than specific operational issues in Malaysia [54] Question: Long-term capacity plans - Management indicated that achieving the $400 million capacity is a longer-term plan, with expectations to fill that capacity gradually through 2022 and into 2023 [58]

/lifichor Investor Presentation Needham 2nd Annual SemiCap and EDA Conference August 24, 2021 Proprietary Forward-Looking Statements, Non-GAAP Financials and COVID-19 This Presentation and the accompanying oral presentation include "forward‐looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding Ichor Holdings, Ltd. and its subsidiaries ("Ichor" or the "Company"), its financial condition, i ...

lichor Investor Presentation B Riley Securities Summer Summit August 19, 2021 Proprietary Forward-Looking Statements, Non-GAAP Financials and COVID-19 This Presentation and the accompanying oral presentation include "forward‐looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding Ichor Holdings, Ltd. and its subsidiaries ("Ichor" or the "Company"), its financial condition, its results of op ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 25, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission File Number: 001-37961 ICHOR HOLDINGS, LTD. (Exact Name of Registrant as Specified in its Charter) Cayman Islands Not Applicable ( State or o ...

Ichor Holdings, Ltd. (NASDAQ:ICHR) Q2 2021 Earnings Conference Call August 3, 2021 4:30 PM ET Company Participants Claire McAdams - Investor Relations Jeff Andreson - Chief Executive Officer Larry Sparks - Chief Financial Officer Conference Call Participants Craig Ellis - B. Riley Patrick Ho - Stifel Krish Sankar - Cowen and Company Tom Diffely - D.A. Davidson Quinn Bolton - Needham & Company Operator Good day ladies and gentlemen, and welcome to Ichor's Second Quarter 2021 Earnings Conference Call. At this ...

lichor Investor Presentation Stifel 2021 Cross Sector Insight Conference June 9, 2021 Proprietary Forward-Looking Statements, Non-GAAP Financials and COVID-19 This Presentation and the accompanying oral presentation include "forward‐looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding Ichor Holdings, Ltd. and its subsidiaries ("Ichor" or the "Company"), its financial condition, its resul ...

/lifichor Investor Presentation Needham 16th Annual Technology & Media Conference May 19, 2021 Proprietary Forward-Looking Statements, Non-GAAP Financials and COVID-19 This Presentation and the accompanying oral presentation include "forward‐looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding Ichor Holdings, Ltd. and its subsidiaries ("Ichor" or the "Company"), its financial condition, ...