Is it time for a reality check: Ichor Holdings (ICHR)?
The Ichor Holdings Ltd (NASDAQ: ICHR) has released its fourth-quarter and full-year 2020 reports. Sales at the company have increased at a double-digit rate and profits despite the shutdown of many plants due to COVID-19. According to GAAP, Ichor’s GAAP net income came in at $0.51, and the fourth quarter of revenue rose 29% from last year. The company’s revenue rose 47 % to $ 914 million during the year. The GAAP margin was 13.7%. Operating cash flow amounted to 38 million dollars. The company reported a profit of $1.42 per diluted share. Ichor expects its fourth-quarter revenue to be