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Ultra Clean: Q1 Earnings Snapshot

Ultra Clean: Q1 Earnings Snapshot

By AP News
Published - Apr 26, 2023, 05:34 PM ET
Last Updated - Jun 22, 2023, 03:19 AM EDT

HAYWARD, Calif. (AP) — HAYWARD, Calif. (AP) — Ultra Clean Holdings Inc. (UCTT) on Wednesday reported a loss of $3.4 million in its first quarter.

The Hayward, California-based company said it had a loss of 8 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to 17 cents per share.

The chipmaking equipment services company posted revenue of $433.3 million in the period.

For the current quarter ending in June, Ultra Clean expects its per-share earnings to range from 15 cents to 35 cents.

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