earnings
confidence high
sentiment neutral
materiality 0.70
Ultra Clean Q3 revenue $635M beats guidance; $150M buyback authorized
Ultra Clean Holdings, Inc.
2022-Q3 EPS reported
$0.28
revenue$1,807,900,000
- Revenue $635M; GAAP net income $9.7M ($0.21 EPS) includes $20.8M divestiture loss.
- Non-GAAP net income $48.6M ($1.06 diluted EPS) vs $47.4M ($1.04) prior quarter.
- Q4 outlook rev $600-650M, GAAP EPS $0.61-0.79, non-GAAP $0.94-1.14; cites export restrictions.
- Board authorized $150M stock repurchase program over three years.
- Gross margin improved to 19.6% GAAP (20.6% non-GAAP) from 19.4% (20.3%) prior quarter.