Ultra Clean

Ultra Clean Holdings, Inc. designs, manufactures and sells its products and services primarily to customers in the semiconductor capital equipment industry. It operates through the following segments: Semiconductor Products & Solutions (SPS) and Semiconductor Services Business (SSB). The SPS segment provides warranty on its products for a period of up to two years and provides for warranty costs at the time of sale based on historical activity. The SSB segment provides part cleaning, coating and analytical expertise, to IDM and OEM customers. The company was founded in November 2002 and is headquartered in Hayward, CA.

Earnings data Q1 2021

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Earnings data Q4 2024

Ultra Clean (UCTT) reports record 2022, faces semiconductor market challenges

Ultra Clean (UCTT) faces challenges from the semiconductor market downturn impacting Q4 results and Q1 forecast. The company is restructuring to enhance profitability and reduce costs amidst market uncertainties. UCT maintains a strong cash position and aims to navigate challenges through operational efficiency improvements.

Ultra Clean (UCTT) reports Q1 earnings, eyes growth opportunities

Ultra Clean (UCTT) navigated challenges in Q1 with a focus on operational alignment and growth opportunities in key sectors. Despite financial declines, they remain optimistic about the industry's long-term potential and are strategically positioning for future success.

Ultra Clean Technology (UCTT) reports Q2 challenges, cost reductions show promise

Ultra Clean Technology (UCTT) navigated a mixed Q2 performance in the semiconductor industry, facing challenges but also demonstrating resilience and cost reduction progress. Despite lower revenue and margins, UCT received industry recognition and outlined growth opportunities for Q3. Analyst inquiries during the call highlighted key areas of concern and potential strategies for future success.

Ultra Clean reports steady Q3 growth, eyes expansion opportunities

Ultra Clean's Q3 performance showed resilience despite challenges in the service business, with strategic acquisitions and operational efficiency driving revenue growth. Maintaining a strong cash position and focusing on managing working capital will be crucial amid geopolitical uncertainties.

Ultra Clean (UCTT) reports solid Q4 performance and eyes growth opportunities

Ultra Clean (UCTT) delivered a solid performance in Q4 2023, showcasing growth, financial improvements, and strategic acquisitions. While facing challenges in revenue management and market competition, the company has opportunities to drive growth and enhance market position through strategic initiatives.

Ultra Clean (UCTT) posts solid Q1 results, eyes growth opportunities

Ultra Clean (UCTT) reported strong financial performance in Q1 2024, driven by market demand and operational improvements. With a focus on advanced technologies and customer growth, UCTT is poised for continued success despite challenges in supply chain dynamics. The company's financial position and strategic partnerships position it well for future growth opportunities.

Ultra Clean (UCTT) reports strong Q2 earnings, eyes China growth

Ultra Clean Technology (UCTT) delivered a robust Q2 performance, showcasing strength in revenue generation and market positioning. While facing challenges in specific areas, UCTT remains optimistic about future growth opportunities, particularly in China and advanced packaging segments.

Ultra Clean (UCTT) reports robust Q3 earnings, eyes China growth

Ultra Clean's Q3 performance reflects strong revenue growth, operational efficiency, and a positive outlook for future earnings.
The company's strengths lie in AI infrastructure-related demand, particularly from China, and a resilient CMP business.
Challenges include market uncertainties and the need to sustain and enhance margins, while opportunities exist in industry recovery and strategic expansion.

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Ultra Clean Holdings, Inc. engages in the development and supplying of critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry. It operates through the Products and Services segments. The Products segment is involved in the design and manufacture of production tools, components, parts, and modules, and subsystems for the semiconductor and display capital equipment industry. The Services segment provides purity parts cleaning, process tool part recoating, surface encapsulation, and high sensitivity micro contamination analysis for the semiconductor device makers and wafer fabrication equipment. The company was founded in November 2002 and is headquartered in Hayward, CA.

Ultra Clean Holdings is a contract manufacturer for semiconductor equipment, with significant upside potential during market strength. UCTT's main customers, Lam Research and Applied Materials, and a growing number of other clients, bolster its strong growth prospects. The company has a reasonable valuation and has reached a buy point for the next 2–4 years due to a new semiconductor cycle.

Ultra Clean Holdings: Time To Buy The Cyclical Trough On AI Strength

HAYWARD, Calif. , Nov. 5, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced its participation at two upcoming investor events: November 19, 2024: 15th Annual Craig-Hallum Alpha Select Conference, New York November 20, 2024: Oppenheimer Non-Deal Roadshow, New York About Ultra Clean Holdings, Inc. Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services, primarily for the semiconductor industry.

Ultra Clean Announces Upcoming Investor Events

Ultra Clean Holdings, Inc. (NASDAQ:UCTT ) Q3 2024 Earnings Conference Call October 28, 2024 4:45 PM ET Company Participants Rhonda Bennetto - Investor Relations Jim Scholhamer - Chief Executive Officer Sheri Savage - Chief Financial Officer Conference Call Participants Charles Shi - Needham Edward Yang - Oppenheimer Christian Schwab - Craig-Hallum Capital Group Robert Mertens - TD Cowen Operator Good afternoon, ladies and gentlemen, and welcome to the UCT Q3 2024 Earnings and Webcast Conference Call. At this time, all lines are in a listen-only mode.

Ultra Clean Holdings, Inc. (UCTT) Q3 2024 Earnings Call Transcript

HAYWARD, Calif. , Oct. 28, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the third quarter ended September 27, 2024.

Ultra Clean Reports Third Quarter 2024 Financial Results

UCTT's third-quarter 2024 results are likely to reflect the benefits of strong AI demand and an expanding portfolio.

Ultra Clean Holdings Stock Before Q3 Earnings: To Buy or Not to Buy?

Shares of Ultra Clean Holdings Inc (UCTT, Financial) surged 5.17% in mid-day trading on Oct 2. The stock reached an intraday high of $39.88, before settling at $39.81, up from its previous close of $37.85.

Ultra Clean Holdings Inc (UCTT) Stock Price Up 5.17% on Oct 2

HAYWARD, Calif. , Sept. 30, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), will announce its third quarter, 2024 financial results after market close on Monday, October 28, 2024 and will host a conference call and webcast beginning at 1:45 pm Pacific Time (4:45 pm Eastern Time) the same day.

Ultra Clean Announces Q3 2024 Earnings Call and Webcast

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Ultra Clean Holdings, Inc. (NASDAQ:UCTT ) Q2 2024 Results Earnings Conference Call July 25, 2024 4:45 PM ET Company Participants Rhonda Bennetto - Senior Vice President, Investor Relations Jim Scholhamer - Chief Executive Officer Sheri Savage - Chief Financial Officer Cheryl Knepfler - Managing Director of Marketing Conference Call Participants Krish Sankar - TD Cowen Charles Shi - Needham & Company Christian Schwab - Craig-Hallum Capital Group Operator Good afternoon, ladies and gentlemen, and welcome to the Ultra Clean Technology Q2 2024 Earnings Call and Webcast. At this time, all lines are in listen-only mode.

Ultra Clean Holdings, Inc. (UCTT) Q2 2024 Earnings Call Transcript

HAYWARD, Calif. , July 25, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the second quarter ended June 28, 2024.

Ultra Clean Reports Second Quarter 2024 Financial Results

HAYWARD, Calif. , June 27, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), will announce its second quarter, 2024 financial results after market close on Thursday, July 25, 2024 and will host a conference call and webcast beginning at 1:45 pm Pacific Time (4:45 pm Eastern Time) the same day.

Ultra Clean Announces Q2 2024 Earnings Call and Webcast

HAYWARD, Calif. , May 15, 2024 /PRNewswire/ -- Ultra Clean Holdings Inc. (Nasdaq: UCTT) today announced that it has appointed Harjinder Bajwa as Chief Operating Officer, effective June 10, 2024.

Ultra Clean Announces Appointment of Chief Operating Officer

Ultra Clean Holdings, Inc. (NASDAQ:UCTT ) Q1 2024 Earnings Conference Call May 6, 2024 4:45 PM ET Company Participants Rhonda Bennetto - Senior Vice President, Investor Relations Jim Scholhamer - Chief Executive Officer Sheri Savage - Chief Financial Officer Conference Call Participants Krish Sankar - TD Cowen Christian Schwab - Craig-Hallum Capital Group Operator Good afternoon, ladies and gentlemen, and welcome to the Ultra Clean Technology UCT First Quarter 2024 Earnings Call and Webcast Conference Call. At this time, all lines are in listen-only mode.

Ultra Clean Holdings, Inc. (UCTT) Q1 2024 Earnings Call Transcript

HAYWARD, Calif. , May 6, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the first quarter ended March 29, 2024.

Ultra Clean Reports First Quarter 2024 Financial Results

HAYWARD, Calif. , April 2, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), will announce its first quarter, 2024 financial results after market close on Monday, May 6, 2024, and will host a conference call and webcast beginning at 1:45 pm Pacific Time (4:45 pm Eastern Time) the same day.

Ultra Clean Announces Q1 2024 Earnings Call and Webcast

HAYWARD, Calif. , April 1, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), is proud to announce that it has earned Intel's EPIC Distinguished Supplier Award for the second year in a row.

Ultra Clean Earns Intel's 2024 EPIC Distinguished Supplier Award

HAYWARD, Calif., March 19, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that it has received the Texas Instruments 2023 Supplier Excellence Award.

Ultra Clean Recognized for Excellence by Texas Instruments

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Ultra Clean Holdings, Inc. (UCTT) Q4 2023 Earnings Call Transcript

HAYWARD, Calif. , Feb. 21, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the fourth quarter and full year ended December 29, 2023.

Ultra Clean Reports Fourth Quarter and Full Year 2023 Financial Results

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HAYWARD, Calif. , Jan. 29, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), will announce its fourth quarter and full year 2023 financial results after market close on Wednesday, February 21, 2024, and will host a conference call and webcast beginning at 1:45 pm Pacific Time (4:45 pm Eastern Time) the same day.

Ultra Clean Announces Q4 2023 Earnings Call and Webcast

HAYWARD, Calif. , Jan. 3, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that management will participate in one-on-one meetings at the 26th Annual Needham Growth Conference on January 17, 2024.

Ultra Clean to Participate in 26th Annual Needham Growth Conference

Ultra Clean Holdings has seen a decline in share price and disappointing earnings, with sales falling and adjusted earnings lower than expected. After a boom during the pandemic, margins have come down a long way, to the point at which no realistic earnings are reported here. Despite the recent decline in share price, the company is still not profitable, but the acquisition of HIS Innovations Group may provide some potential for improvement.

News for Ultra Clean Stock (UCTT)