Sheri Savage
On April 28, 2026, Ultra Clean Holdings, Inc. (the “Company”) announced that Sheri Savage, the Company’s Chief Financial Officer, notified the Company of her intention to retire from the Company.
Highest-materiality recent filing
Ultra Clean Q1 revenue $533.7M beats midpoint; guides Q2 rev $565-605M
Q1 GAAP net loss $(17.9)M ($(0.40)/diluted); non-GAAP net income $14.5M ($0.31/diluted).
Ultra Clean Holdings CFO Sheri Savage to retire; successor search underway
CFO Sheri Savage notified company of retirement after 17 years of service.
Ultra Clean issues $600M 0% convertible notes due 2031; enters capped call transactions
Issued $600M principal of 0.00% Convertible Senior Notes due 2031; initial conversion price ~$84.75 per share.
Ultra Clean prices upsized $525M 0% convertible notes due 2031; amends credit agreement
Priced $525M (upsized from $400M) of 0.00% convertible senior notes due 2031; initial purchasers option for additional $75M.
Ultra Clean proposes $400M convertible notes due 2031; to repurchase up to $40M stock
Offering of $400M aggregate principal amount of convertible senior notes due 2031, plus $60M greenshoe option.
Ultra Clean Q4 revenue $506.6M, GAAP loss $3.3M; FY2025 includes $151.1M goodwill impairment
Q4 GAAP revenue $506.6M, net loss $(3.3)M or $(0.07) EPS; non-GAAP net income $10.0M or $0.22 EPS.
Ultra Clean Q3 revenue $510M tops guidance; GAAP loss narrows; $150M buyback authorized
Q3 revenue $510M exceeded guidance midpoint; sequentially down slightly from $518.8M prior quarter.
Ultra Clean Holdings refinances $484.5M term loans, cuts interest rate by 0.5%
Refinanced $484.5M of existing term loans via Eighth Amendment to 2018 Credit Agreement.
Ultra Clean appoints James Xiao as CEO effective Sept 2, 2025; Chris Cook becomes CBO
James Xiao appointed CEO effective Sept 2, 2025; Clarence Granger steps down as CEO but remains non-executive Chair.
Ultra Clean Q2 GAAP net loss $162M on $151M goodwill impairment; revenue flat at $519M
GAAP net loss $(162.0)M ($(3.58)/share) vs $(5.0)M prior quarter; includes $151.1M pre-tax goodwill impairment.
Ultra Clean Holdings Q1 revenue $518.6M, net loss $0.5M; Q2 revenue guidance $475-525M
GAAP: Revenue $518.6M, down 8% sequentially; net loss $(0.5)M or $(0.11) diluted EPS.
CEO James Scholhamer resigns for health reasons; Chairman Clarence Granger named interim CEO
James Scholhamer resigned as CEO and Board member effective March 4, 2025 due to a personal medical condition.
Ultra Clean Q4 revenue $563M (+4% QoQ); FY24 revenue $2.1B (+21% YoY)
Q4 GAAP net income $16.3M ($0.36/diluted share) vs Q3 net loss of $(2.3)M.
Ultra Clean Q3 rev $540.4M; GAAP loss $(0.05)/sh; non-GAAP EPS $0.35; Q4 guide $535-$585M
Total revenue $540.4M ($479M Products, $61.4M Services), up from $516.1M prior quarter.
Ultra Clean Q2 revenue $516.1M, net income $19.1M vs prior quarter loss; Q3 guidance $490M-540M
GAAP net income $19.1M ($0.42 diluted EPS) vs prior quarter net loss ($9.4M, $(0.21)/share).
Ultra Clean Q1 revenue $477.7M, GAAP loss $(0.21)/share; non-GAAP EPS $0.27
Revenue $477.7M, above prior quarter $444.8M, driven by High Bandwidth Memory and AI packaging.
On April 28, 2026, Ultra Clean Holdings, Inc. (the “Company”) announced that Sheri Savage, the Company’s Chief Financial Officer, notified the Company of her intention to retire from the Company.
and that Clarence L. Granger, the Chairman of the Board, will become the Company’s interim Chief Executive Officer on the effective date of Mr. Scholhamer’s resignation
On March 5, 2025, Ultra Clean Holdings, Inc. (the “Company”) issued a press release announcing that James P. Scholhamer has resigned, effective March 4, 2025, as the Company’s Chief Executive Officer and as a member of the Company’s Board of Directors
On January 29, 2025, the Board of Directors (the “Board”) of Ultra Clean Holdings, Inc. (the “Company”) appointed Joanne Solomon to serve as a member of the Board of the Company, effective February 3, 2025.
appointed Harjinder Bajwa as the Company's Chief Operating Officer, effective June 10, 2024.
Max materiality 0.80 · Median 0.70 · Most common event earnings