secwatch.observer — SEC 8-K summary
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Issuer:     Ultra Clean Holdings, Inc. (UCTT)
CIK:        0001275014
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000950170-23-035144
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ultra Clean Q2 revenue $421.5M, net loss $9.4M; Q3 guidance weak
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- Q2 revenue $421.5M (Products $362.5M, Services $59.0M), down from $433.3M prior quarter.
- GAAP net loss $9.4M ($0.21 loss per diluted share), widened from prior quarter loss of $3.4M ($0.08).
- Non-GAAP net income $7.1M ($0.16 EPS), down from $7.6M ($0.17) prior quarter.
- Q3 revenue guidance $405M-$455M; GAAP EPS ($0.19)-$0.04; non-GAAP EPS $0.08-$0.28.
- CEO cites semiconductor industry headwinds; cost reduction initiatives in place.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275014/000095017023035144/0000950170-23-035144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275014/000095017023035144/uctt-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-035144

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