secwatch.observer — SEC 8-K summary
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Issuer:     Ultra Clean Holdings, Inc. (UCTT)
CIK:        0001275014
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001628280-24-020638
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ultra Clean Q1 revenue $477.7M, GAAP loss $(0.21)/share; non-GAAP EPS $0.27
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- Revenue $477.7M, above prior quarter $444.8M, driven by High Bandwidth Memory and AI packaging.
- GAAP net loss $(9.4)M ($(0.21)/diluted share); non-GAAP net income $12.1M ($0.27/diluted share).
- Products revenue $418.5M, Services $59.2M; gross margin improved to 17.3% GAAP (17.9% non-GAAP).
- Q2 guidance: revenue $465M–$515M; GAAP diluted EPS $(0.13)–$0.07; non-GAAP EPS $0.16–$0.36.
- Management cites AI strength but cautions no broader recovery yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275014/000162828024020638/0001628280-24-020638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275014/000162828024020638/uctt-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-020638

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