Stock Track | Ichor Holdings Soars 10% After Hours on Strong Q3 Earnings Beat

Stock Track11-05

Ichor Holdings Ltd. (NASDAQ: ICHR) shares surged 10.25% in after-hours trading on November 4, 2024, following the company's better-than-expected third-quarter earnings report.

The semiconductor equipment manufacturer reported adjusted earnings per share of $0.12, exceeding the consensus analyst estimate of $0.11. Revenue for the quarter reached $211.139 million, surpassing the analyst consensus of $203.275 million and representing a 7.31% year-over-year increase.

Ichor's strong financial performance was well-received by analysts, with Stifel Nicolaus maintaining a "Buy" rating on the stock. The firm's positive outlook on Ichor's prospects likely contributed to the after-hours rally.

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(NASDAQ: ICHR) shares surged 10.25% in after-hours trading on November 4, 2024, following the company's better-than-expected third-quarter earnings report.\nThe semiconductor ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ICHR","symbol_name":"Ichor Holdings Ltd.","start_time":0,"source_url":"","article_id":"1146202963","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146202963","pubTimestamp":1730757650,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Ichor Holdings Ltd.  shares surged 10.25% in after-hours trading on November 4, 2024, following the company's better-than-expected third-quarter earnings report.The semiconductor equipment manufacturer reported adjusted earnings per share of $0.12, exceeding the consensus analyst estimate of $0.11. 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