Ultra Clean Hldgs Inc Stock Price, News & Analysis

Ultra Clean Holdings (NASDAQ:UCTT) released its Q2 2025 financial results, reporting total revenue of $518.8 million, with Products contributing $454.9 million and Services adding $63.9 million. The quarter saw significant challenges, including a $151.1 million pre-tax noncash goodwill impairment charge, resulting in a GAAP net loss of $(162.0) million or $(3.58) per diluted share.

On a non-GAAP basis, the company achieved a gross margin of 16.3% and operating margin of 5.5%, with net income of $12.1 million or $0.27 per diluted share. Looking ahead, UCTT projects Q3 2025 revenue between $480-530 million, with non-GAAP diluted net income per share expected between $0.14 and $0.34.

Ultra Clean Holdings (Nasdaq: UCTT) has scheduled its second quarter 2025 earnings release for Monday, July 28, 2025, after market close. The company will host a conference call and webcast at 1:45 p.m. PT on the same day.

Investors can access the call by dialing 1-800-836-8184 (US) or 1-646-357-8785 (International). A replay will be available using 1-888-660-6345 or 1-646-517-4150 with confirmation code 48157#. The webcast will be accessible through the company's investor relations website.

Ultra Clean Holdings (NASDAQ: UCTT) announced that Bill Bentinck, President of UCT's Service Division, will retire effective August 15, 2025, following a 40-year career in the semiconductor industry. The company has appointed Sam Johnson as the new SVP and General Manager of the Service Division.

Johnson, who holds degrees from Cornell University and Harvard Business School, brings experience in creating value across industrial operating companies. He will work closely with Bentinck over the coming months to ensure a smooth transition of leadership.

Ultra Clean Holdings (NASDAQ: UCTT) has announced its participation in two upcoming investor conferences in May 2025. The company will attend the 22nd Annual Craig-Hallum Institutional Investor Conference on May 28, 2025, and the TD Cowen 53rd Annual Technology, Media & Telecom Conference on May 29, 2025.

Ultra Clean Holdings (NASDAQ: UCTT) reported its Q1 2025 financial results, showing signs of market challenges. Total revenue reached $518.6 million, with Products contributing $457.0 million and Services adding $61.6 million.

Key financial metrics for Q1 2025:

• GAAP Results: Gross margin of 16.2%, operating margin of 2.5%, with a net loss of $(0.5) million or $(0.11) per diluted share
• Non-GAAP Results: Improved performance with gross margin of 16.7%, operating margin of 5.2%, and net income of $12.7 million or $0.28 per diluted share

Interim CEO Clarence Granger noted that results were impacted by softening demand and customer spending reassessment due to market uncertainty. Looking ahead, Ultra Clean projects Q2 2025 revenue between $475-525 million, with GAAP diluted net loss per share of $(0.06) to $(0.26) and non-GAAP diluted net income per share of $0.17 to $0.37.

Ultra Clean Holdings (UCTT) has been awarded the prestigious Intel EPIC Supplier Award for 2025, the highest supplier recognition from Intel. This exclusive honor acknowledges UCT as one of the top performers in Intel's global supply chain, highlighting their excellence in continuous improvement and performance excellence.

The award recognizes suppliers' dedication to EPIC performance - Excellence, Partnership, Inclusion, and Continuous Improvement. Among thousands of Intel suppliers worldwide, only a select few hundred qualify for the EPIC Supplier Program, with even fewer receiving this distinguished award.

To achieve this recognition, UCTT demonstrated exceptional performance in meeting Intel's strategic objectives and exceeded the highest expectations. The company's commitment to quality, technology innovation, and superior performance has been specifically praised by Intel's leadership, positioning UCTT among the best suppliers in the semiconductor industry.

Ultra Clean Holdings (UCTT) has scheduled its first quarter 2025 financial results announcement for Monday, April 28, 2025, after market close. The company will host a conference call and webcast at 1:45 p.m. PT on the same day.

Investors can access the call by dialing 1-800-836-8184 or 1-646-357-8785, with no passcode required. A replay will be available at 1-888-660-6345 or 1-646-517-4150 using confirmation code 84790#. The webcast will be accessible through the company's Investor Relations website section.

Ultra Clean Holdings (UCTT) announced the immediate resignation of CEO Jim Scholhamer due to personal health reasons. Clarence Granger, the company's Chairman and founding CEO, has been appointed as interim CEO while the board forms a search committee for a permanent replacement.

Granger, who has served on UCT's Board since 2002 and as Chairman since 2006, previously held multiple leadership roles including COO and Executive VP of Operations from 1996 to 2015, including 12 years as CEO. He brings extensive knowledge of UCT's operations, strategy, and industry relationships.

Under Scholhamer's leadership, the company experienced significant growth across semiconductor cycles and the global pandemic. UCT has expanded its portfolio of offerings, supporting various stages of industry growth from fab construction to equipment buildout and servicing. The company maintains ample capacity, operational excellence, and high-quality products to support increasing customer demand.

Ultra Clean Holdings (UCTT) reported strong Q4 and full-year 2024 results, with total revenue growing 21% year-over-year to $2,097.6 million, outperforming the WFE market. Q4 revenue reached $563.3 million, with Products contributing $503.5 million and Services $59.8 million.

Q4 GAAP net income was $16.3 million ($0.36 per diluted share), while non-GAAP net income was $22.9 million ($0.51 per diluted share). Full-year 2024 GAAP net income was $23.7 million ($0.52 per diluted share), compared to a net loss in 2023.

The company expanded its global manufacturing capacity to support a $4 billion revenue run rate. For Q1 2025, UCTT expects revenue between $505-555 million, with GAAP EPS between $(0.11) and $0.09, and non-GAAP EPS between $0.22 and $0.42.