Investing.com - Ichor Holdings (NASDAQ:ICHR) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ichor Holdings announced earnings per share of $1.22 on revenue of $356M. Analysts polled by Investing.com anticipated EPS of $0.99 on revenue of $340M.
Ichor Holdings shares are down 35% from the beginning of the year, still down 50.48% from its 52 week high of $51.98 set on November 22, 2021.
Ichor Holdings follows other major Information Technology sector earnings this month
Ichor Holdings's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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