Ichor Holdings, Ltd. (NASDAQ:ICHR) shares are trading lower after the company issued preliminary Q4 revenue results below estimates.
For the fourth quarter of 2022, Ichor expects to report revenue between the range of $300 million and $302 million, which is below the analyst consensus estimate of $335 million.
The company expects first-quarter 2023 net sales to be between $210 to $240 million, versus the $276.82 million analyst consensus estimate.
ICHR Price Action: Ichor has a 52-week high of $48.89 and a 52-week low of $21.035.
Ichor shares are down 3% at $28.77 per share at time of publication, according to Benzinga Pro.
