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Ultra Clean reports Q1 adjusted EPS 31c, consensus 26c

Reports Q1 revenue $533.7M, consensus $525.28M. “UCT delivered first quarter results above the midpoint of guidance, supported by demand across our customer base,” said James Xiao, CEO. “Our customers’ accelerated technology roadmaps give us confidence that we are in the early stages of a multi-year, AI driven expansion and we are executing with urgency to support them. Our focus on ramp-readiness and driving efficiencies across our global footprint positions us well to deliver sustained growth over the long-term.”

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