Investor Presentation - 13th Annual CEO Summit
Quarterly Momentum at Top and Bottom Lines
▪ 8 Straight Quarters of Sequential
Revenue Growth; Guiding for a 9th
Strong Earnings Leverage(1)(2)
■ EPS grew at 2x revenue growth in 2020
(Revenue)
$300
$250
■ Q1'21 EPS up 46% on YoY revenue growth
of 20%
$200
■ Positive Outlook for Q2 and 2021 (3)
☐
Q2 revenue of $270M - $300M
■
Q2 EPS of $0.77 - $0.93
$154
$150
$138 $139
$189
($ in millions, except per share data)
(EPS)
$1.00
$285
$265
$0.90
$245
$228
$0.85
$0.80
$220 $222
$0.81
$0.76
$0.62
$0.54
$0.52
$0.48
$0.70
$0.60
$0.50
■ 2H stronger than IH
■ Strong Balance Sheet
$100
▪ $243M of Cash as of March 26, 2021
$0.30
$139M net proceeds from December equity offering
$0.25
$0.23
$50
$170M of Debt as of March 26, 2021
◉
$72M in TTM Free Cash Flow
■ Debt/EBITDA <1.4x
■ Interest Expense <$2M/quarter
$0.40
$0.30
$0.20
$0.10
$0
$0.00
QI '19 Q2'19
Q3 '19 Q4'19
QI '20
Q2'20
Q3'20 Q4'20 QI'21
Q2'21
Midpt.(2)
Sales
EPS (3)
(1) Non-GAAP earnings per share excludes amortization of intangible assets, share-based compensation, non-recurring expenses and discrete tax items.
(2) EPS presented on a non-GAAP basis. Non-GAAP earnings per share excludes amortization of intangible assets, share-based compensation, non-recurring expenses and discrete tax items.
(3) Based on guidance and outlook provided as of 5/4/21.
ichor
Proprietary
||View entire presentation