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Ultra Clean Holdings, Inc. (Nasdaq: UCTT) is a globally recognized leader in the design, engineering, and manufacturing of critical subsystems and turnkey solutions across various industries. With over two decades of experience, UCT is a trusted partner for high-value, complex systems integration. The company provides Original Equipment Manufacturers (OEMs) with a broad array of services including design, engineering, system assembly, testing, and global supply chain management.
Primarily serving the semiconductor capital equipment industry, UCT manufactures and supplies production tools, modules, and subsystems. Their product portfolio includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products. Subsystems such as wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules cater to the needs of semiconductor firms as well as industries in medical, energy, industrial, flat panel, and research equipment sectors.
The company operates through two main segments: Products and Services. The Products division offers integrated outsourced solutions for major subassemblies, improved design-to-delivery cycle times, and high-precision manufacturing. The Services division provides tool chamber parts cleaning, coating, and micro-contamination analytical services. UCT’s principal markets include North America, Asia, and Europe, providing a robust global presence.
UCT has made significant strides recently, including the acquisition of HIS Innovations Group, enhancing its capabilities and expanding its market reach. Despite challenges such as reduced efficiencies and variable demand, UCT remains committed to navigating through these uncertainties. The company's diversified portfolio and strategic acquisitions position it for sustained growth and market expansion.
Financially, UCT reported a total revenue of $435.0 million for Q3 2023, with products contributing $380.9 million and services adding $54.1 million. The company's GAAP financial results reflected a net loss of $(14.5) million, but on a non-GAAP basis, UCT achieved a net income of $2.0 million. For Q4 2023, UCT anticipates revenue between $420 million and $470 million, with continued efforts to align operations with customer forecasts and market demands.
Ultra Clean Holdings, Inc. is headquartered in Hayward, California. For more information, visit their website.
Ultra Clean Holdings (Nasdaq: UCTT) announced its participation in two upcoming investor conferences in Q4 2021. The events include the Craig-Hallum Alpha Select Conference on November 16, 2021 and the Semicap, Laser & Optical Conference on December 15, 2021, both featuring a 1X1 format. Presentation materials will be available on UCT's investor relations page. Ultra Clean specializes in components and ultra-high purity services for the semiconductor industry, enhancing design-to-delivery times and offering analytical services.
Ultra Clean Holdings, Inc. (UCTT) reported a robust third-quarter performance for the period ending September 24, 2021, with total revenue reaching $553.7 million, a significant increase from $515.2 million in the previous quarter. The company achieved a gross margin of 20.6% and net income of $31.9 million or $0.71 per share. For Q4 2021, UCTT projects revenue between $590 million and $630 million and GAAP diluted net income per share of $0.89 to $1.06. This outlook reflects UCTT's commitment to leveraging operational flexibility for sustainable growth.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) will announce its third quarter 2021 financial results on October 27, 2021, after market close. A conference call and webcast are scheduled for the same day at 1:45 p.m. PT. Investors can access the call by dialing 1-844-826-3034 or 1-412-317-5179, with no passcode required. A replay of the call will be available. The company specializes in critical subsystems and ultra-high purity cleaning for the semiconductor industry, headquartered in Hayward, California.
Ultra Clean Holdings, Inc. (UCTT), headquartered in Hayward, California, announced its upcoming participation in two investor conferences in Q3 2021. The events include the Needham Virtual 2nd Annual SemiCap and EDA Conference on August 24, 2021, and the Colliers 2021 Institutional Investor Conference on September 9, 2021, both featuring 1X1 meeting formats. Relevant presentation materials will be accessible on the company's investor relations page. Ultra Clean specializes in critical subsystems and ultra-high purity cleaning services primarily for the semiconductor industry.
Ultra Clean Holdings, Inc. (UCTT) reported strong Q2 2021 results with total revenue of $515.2 million, up from $417.6 million in Q1 2021. Products accounted for $442.5 million, while Services contributed $72.7 million. GAAP net income was $17.1 million or $0.39 per share, down from $25.0 million or $0.62 in the previous quarter. Non-GAAP results showed net income at $43.7 million or $0.99 per diluted share. UCT expects Q3 revenue between $520.0 million and $560.0 million, with GAAP EPS guidance of $0.68 to $0.85.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) will announce its second quarter 2021 financial results on August 2, 2021, after market close. The company will host a conference call at 1:30 p.m. PT on the same day. Participants can join by calling 1-844-826-3034 or 1-412-317-5179 without a passcode. A replay will be available afterwards. UCTT specializes in the development and supply of critical subsystems and high-purity cleaning services mainly for the semiconductor industry. More details can be found on their Investor Relations page.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) has announced its participation in three significant investor events in June 2021. These events include the Craig-Hallum Institutional Investor Conference on June 2, the Cowen Annual TMT Conference on June 3, and the Stifel Virtual Cross Sector Insight Conference on June 8. The Stifel conference presentation will be webcasted starting at 2:40 PM ET, accessible through their investor website. Ultra Clean is a key player in providing subsystems and analytical services to the semiconductor industry, headquartered in Hayward, California.
Ultra Clean Holdings, Inc. (UCTT) reported robust Q1 2021 financial results, with total revenue reaching $417.6 million, a notable increase from $369.6 million in Q4 2020. Products accounted for $345.6 million and Services contributed $72.0 million. The gross margin stood at 20.8%, with net income at $25.0 million or $0.62 per diluted share. For Q2 2021, UCTT widened its revenue guidance to between $490.0 million and $520.0 million, with GAAP diluted net income per share expected between $0.56 and $0.68.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) has priced its public offering of 3,181,818 shares at $55.00 each, generating gross proceeds of approximately $175.0 million. This offering is set to close on April 13, 2021, pending customary conditions. The net proceeds will support general corporate purposes, including working capital, sales, marketing, and product development. The company may also consider acquisitions but currently has no specific plans. Needham & Company is the lead underwriter for this offering.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) will announce its Q1 2021 financial results on April 28, 2021, after market close. A conference call will follow at 1:45 p.m. PT, accessible by dialing 1-844-826-3034. The webcast can be found on the Investor Relations section of the Company's website. UCTT specializes in critical components and services for the semiconductor industry, offering solutions for major subassemblies and cleaning services. Notably, the press release includes forward-looking statements regarding market expectations, highlighting potential risks involved.
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