secwatch.observer — SEC 8-K summary
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Issuer:     Ultra Clean Holdings, Inc. (UCTT)
CIK:        0001275014
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0000950170-22-020171
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ultra Clean Q3 revenue $635M beats guidance; $150M buyback authorized
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275014/000095017022020171/0000950170-22-020171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275014/000095017022020171/uctt-20221020.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-020171

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer