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Ichor Holdings, Ltd. (ICHR) CEO Jeff Andreson on Q1 2020 Results - Earnings Call Transcript

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Ichor Holdings, Ltd. (ICHR) Q1 2020 Earnings Conference Call May 4, 2020 4:30 PM ET

Company Participants

Claire McAdams - Investor Relations

Jeff Andreson - CEO

Larry Sparks - CFO

Conference Call Participants

Quinn Bolton - Needham and Company

Sidney Ho - Deutsche Bank

Tom Diffely - D.A. Davidson

Mitch Steves - RBC Capital Markets

Patrick Ho - Stifel

Carlin Lynch - B. Riley FBR


Good day, ladies and gentlemen. And welcome to the Ichor Systems' First Quarter 2020 Earnings Conference Call. At this time, all parties are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time [Operator instructions]. As a reminder, this conference is being recorded.

I would now like to introduce your host for today's conference, Claire McAdams, Investor Relations for Ichor. Please go ahead.

Claire McAdams

Thank you, Jessie. Good afternoon, and thank you for joining today's first quarter 2020 conference call. As you read our earnings press release and as you listen to this conference call, please recognize that both contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements, including those made about the impact of the ongoing COVID-19 pandemic on our operations and the industry at large, are subject to a number of risks and uncertainties, many of which are beyond our control and which could cause actual results to differ materially from such statements. These risks and uncertainties include those spelled out in our earnings press release, those described in our Annual Report on Form 10-K for fiscal year 2019 on file with the SEC and those described in subsequent filings with the SEC.

As noted in these aforementioned filings, we’d remind you that the COVID-19 pandemic continues to create significant volatility, uncertainty and turmoil in our industry, limiting our ability

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Comments (2)

"In each of the countries in which we operate, we have been designated an essential business supporting the critical infrastructure IT industry, which allows us to operate.

Our supply chain is strong...We have built a strong inventory position in order to continue to support the strong level of demand from our customers.

In general, the demand for semiconductor equipment remains strong and has not changed much over the course of the last quarter. We are seeing increased demand from each of our largest customers and across all of our businesses,..."



and good. I'll read more later
Good execution ICHR
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