Ultra Clean (NASDAQ:UCTT – Get Free Report) issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.16-0.36 for the period, compared to the consensus estimate of $0.26. The company issued revenue guidance of $465-515 million, compared to the consensus revenue estimate of $465.87 million. Ultra Clean also updated its Q2 2024 guidance to 0.160-0.360 EPS.
Ultra Clean Stock Down 0.6 %
NASDAQ UCTT traded down $0.28 during trading on Wednesday, reaching $43.79. 230,963 shares of the company’s stock traded hands, compared to its average volume of 311,623. The company’s 50 day simple moving average is $43.75 and its two-hundred day simple moving average is $36.59. Ultra Clean has a 12-month low of $22.15 and a 12-month high of $49.25. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of -63.46 and a beta of 2.02. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.88 and a quick ratio of 1.67.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The semiconductor company reported $0.12 EPS for the quarter. The company had revenue of $444.80 million during the quarter, compared to the consensus estimate of $444.99 million. Ultra Clean had a negative net margin of 1.79% and a positive return on equity of 1.69%.
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About Ultra Clean
Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.
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