Welcome to our dedicated page for Ultra Clean Hldgs news (Ticker: UCTT), a resource for investors and traders seeking the latest updates and insights on Ultra Clean Hldgs stock.
The Ultra Clean Holdings, Inc. (Nasdaq: UCTT) news page on Stock Titan aggregates company announcements, earnings releases, and other disclosures related to its role as a developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services for the semiconductor industry. Readers can use this page to follow how Ultra Clean’s Products and Services divisions are discussed in official communications.
Ultra Clean regularly issues earnings press releases that describe financial results for its Products and Services segments, including revenues, gross margins, operating margins, and reconciliations between GAAP and non-GAAP metrics. These releases often include commentary from company leadership about business conditions and segment performance, as well as outlook statements for upcoming quarters.
The company also publishes corporate and governance updates through press releases and related 8-K filings. Recent items include leadership transitions such as the appointment of a new Chief Executive Officer, the promotion of the President of the Products Division to Chief Business Officer, and changes in leadership for the Services Division. These updates provide context on how Ultra Clean is organizing its management around its Products and Services operations.
In addition, Ultra Clean announces investor relations activities, including participation in technology and semiconductor-focused conferences, growth conferences, and virtual investor events. These announcements typically restate the company’s description as a supplier of critical subsystems and ultra-high purity services and indicate when management will present or host one-on-one meetings.
By visiting this page regularly, investors and observers can review a chronological stream of Ultra Clean news items, including earnings dates, financial results, leadership announcements, and investor conference participation, all tied to its semiconductor-focused Products and Services businesses.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) reported its Q1 2023 financial results, revealing total revenue of $433.3 million, down from $566.4 million in the previous quarter. The company's gross margin decreased to 16.8% from 19.2%, and it posted a net loss of $(3.4) million or $(0.08) per diluted share. In contrast, last quarter showed a net income of $27.8 million or $0.61 per diluted share. On a non-GAAP basis, Q1 gross margin was 17.3% with a net income of $7.6 million or $0.17 per diluted share, down from last quarter's $42.6 million or $0.93. Looking ahead, UCTT expects Q2 revenue between $410 million and $460 million.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) announced that it will release its Q1 2023 financial results on April 26, 2023, after market close. The company will also host a conference call that day at 1:45 p.m. PT, accessible via phone or webcast. Investors can dial in at 1-844-826-3034 or 1-412-317-5179, with no passcode required. A replay will be available for later listening. Ultra Clean specializes in critical subsystems and cleaning services for the semiconductor industry and is headquartered in Hayward, California.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) announced its financial results for Q4 and FY 2022, showcasing record revenue of $2.37 billion for the full year. In Q4, total revenue reached $566.4 million, with net income at $27.8 million or $0.61 per diluted share. The company faced declining end-market demand, prompting strategic operational adjustments. Despite setbacks, UCT paid down $40 million in debt and repurchased $12.1 million in shares. For Q1 2023, UCT expects revenues between $395-$445 million, impacted by a $30 million cybersecurity event from a supplier.