secwatch.observer — SEC 8-K summary
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Issuer:     Ultra Clean Holdings, Inc. (UCTT)
CIK:        0001275014
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000950170-24-017963
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ultra Clean Q4 rev $444.8M, net loss $0.08/shr; FY23 rev down 27% to $1.73B
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- Q4 2023 revenue $444.8M, GAAP net loss $(3.8)M ($0.08 loss/shr); non-GAAP net income $8.5M ($0.19 EPS).
- FY 2023 revenue $1,734.5M, down 27% from $2,374.3M; GAAP net loss $(31.1)M vs prior year net income $40.4M.
- Generated $136M cash from ops; deployed $29M on share repurchases, $39M to reduce debt; closed HIS Innovations buy.
- Q1 2024 guidance: rev $430M-$480M; GAAP diluted loss/shr $(0.25)-$(0.05); non-GAAP EPS $0.03-$0.23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275014/000095017024017963/0000950170-24-017963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275014/000095017024017963/uctt-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-017963

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