Ultra Clean reports Q3 non-GAAP EPS 35c, consensus 33c

Reports Q3 revenue $540.4M, consensus $515.85M. “UCT’s Q3 results came in above expectations driven by broader equipment demand for AI infrastructure build out and sustained domestic China market spending,” said Jim Scholhamer, CEO. “The rationale for significant long-term investment in WFE remains strong. UCT’s vertical integration capabilities and strategic manufacturing network provide a competitive edge, and should enable us to increase share as demand expands.”