earnings
confidence high
sentiment negative
materiality 0.70
Ultra Clean Q2 GAAP net loss $162M on $151M goodwill impairment; revenue flat at $519M
Ultra Clean Holdings, Inc.
2025-Q2 EPS reported
-$3.70
revenue$1,037,400,000
- GAAP net loss $(162.0)M ($(3.58)/share) vs $(5.0)M prior quarter; includes $151.1M pre-tax goodwill impairment.
- Revenue $518.8M, flat sequentially; products $454.9M, services $63.9M; gross margin 15.3%.
- Non-GAAP net income $12.1M ($0.27/share) vs $12.7M ($0.28) prior quarter; non-GAAP gross margin 16.3%.
- Q3 guidance: revenue $480-$530M, GAAP EPS loss $(0.09)-$(0.29), non-GAAP EPS $0.14-$0.34.
- Interim CEO Clarence Granger cites ongoing cost actions; expects benefits later this year.