Ultra Clean Q2 revenue $516.1M, net income $19.1M vs prior quarter loss; Q3 guidance $490M-540M

Ultra Clean Holdings, Inc.

2024-Q2 EPS reported $0.21 revenue$993,900,000

GAAP net income $19.1M ($0.42 diluted EPS) vs prior quarter net loss ($9.4M, $(0.21)/share).
Revenue $516.1M, up 8% QoQ from $477.7M; Products $452.7M, Services $63.4M.
Non-GAAP net income $14.4M ($0.32 diluted EPS) vs $12.1M ($0.27) prior quarter.
Q3 outlook: revenue $490M-$540M; GAAP EPS $(0.07)-$0.13; non-GAAP EPS $0.22-$0.42.
CEO cites strength in domestic China market, HBM memory, and AI packaging demand.

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