Vertical Divider
ICD Reports 2019 Revenue of $104.5m down 66.6% Y/Y
May 10, 2020
Dry etcher and evaporation chamber producer, ICD is expects Q120 revenue to reach $36.5M, up 20.1% Y/Y, and operating income $ 4.8M, up 26.1% Y/Y. ICD provides chambers to Canon Tokki. ICD estimates the price of a dry etcher and chamber for a 15K/line to be between $57~73M. As a result, ICD hopes to reach at least $200M of additional revenues in 2020. The backlog is $285M.
ICD Segmented Revenues in 2019:
Table 1. ICD Revenues, Gross Profit and Operating Income 2019 & 2020
May 10, 2020
Dry etcher and evaporation chamber producer, ICD is expects Q120 revenue to reach $36.5M, up 20.1% Y/Y, and operating income $ 4.8M, up 26.1% Y/Y. ICD provides chambers to Canon Tokki. ICD estimates the price of a dry etcher and chamber for a 15K/line to be between $57~73M. As a result, ICD hopes to reach at least $200M of additional revenues in 2020. The backlog is $285M.
ICD Segmented Revenues in 2019:
- Dry Etcher 45%
- Evaporation chamber 36%
- Components 19%
Table 1. ICD Revenues, Gross Profit and Operating Income 2019 & 2020
Source: Company, Yuanta Securities