Ichor Holdings, Ltd. (NASDAQ: ICHR)

This investigation is for anyone who acquired securities in Ichor Holdings, Ltd. (NASDAQ: ICHR) prior to May 5, 2025.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely disclose to investors that Company’s strategy for increasing profit margin by internally sourcing components was not working as expected.

On May 5, 2025, Ichor released its first quarter 2025 financial results, missing EPS and revenue consensus estimates and reporting gross margin of 12.4%, below the forecasted midpoint of 14.5%. The Company explained “In Q1, our strategy did not materialize into the margin flow through we anticipated, essentially because we ended up purchasing far more external supply than we had forecasted.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Ichor Holdings, Ltd. (NASDAQ: ICHR) prior to May 5, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.