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Ultra Clean Holdings (UCTT)
NASDAQ:UCTT
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.44Last Year’s EPS
0.19Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: 8.47%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a strong quarter with significant revenue growth driven by AI infrastructure demand and robust performance in China and Malaysia. While foreign exchange headwinds and increased tax rates presented challenges, the overall outlook remains positive, with continued growth expected in the semiconductor industry.Company Guidance
During the Q3 2024 earnings call, UCTT provided guidance that points to a positive outlook for the company. Revenue for the third quarter reached $540.4 million, up from $516.1 million in the previous quarter, driven by increased demand linked to AI infrastructure expansion and strong performance in the domestic China market. The company anticipates Q4 revenue to range between $535 million and $585 million, with earnings per share projected between $0.34 to $0.54. UCTT expects full-year revenue to grow over 20% year-over-year, attributing this growth to robust equipment sales in advanced packaging applications and a broadening demand for AI-related processes such as Chemical Mechanical Planarization (CMP). The company also noted strong revenue growth from its manufacturing facilities in Malaysia, up nearly 150% year-over-year. Looking ahead, UCTT remains optimistic about the semiconductor industry's long-term growth prospects, forecasting the global market to surpass $1 trillion by 2030.Strong Revenue Growth
Revenue for Q3 2024 was $540.4 million, up from $516.1 million in the previous quarter, driven by increased demand for AI infrastructure and strength in the domestic China market.
Significant Increase in Product Revenue
Product revenue increased to $479 million from $452.7 million last quarter, reflecting strong demand for advanced technology solutions.
Positive Outlook for Semiconductor Industry
The company maintains a positive long-term outlook for the semiconductor industry, anticipating the market to exceed $1 trillion by 2030.
Strong Performance in China
Revenue from the Shanghai manufacturing facility was notably high, with expectations for continued strong demand into 2025.
Improved Operating Margins
Total operating margin increased to 7.3% from 6.9% in Q2, driven by improved product operating efficiency and effective management of operating expenses.
Growing Revenue in Malaysia
Revenue from Malaysia increased nearly 150% year-over-year, contributing to the company's overall growth.
EPS Growth
Earnings per share increased to $0.35 from $0.32 in the prior quarter due to higher revenue.
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UCTT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UCTT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $35.05 | $35.12 | +0.20% |
| Jul 25, 2024 | $45.13 | $45.81 | +1.51% |
| May 06, 2024 | $42.96 | $44.07 | +2.58% |
| Feb 21, 2024 | $42.21 | $44.41 | +5.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ultra Clean Holdings (UCTT) report earnings?
Ultra Clean Holdings (UCTT) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Ultra Clean Holdings (UCTT) earnings time?
Ultra Clean Holdings (UCTT) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UCTT EPS forecast?
UCTT EPS forecast for the fiscal quarter 2024 (Q4) is 0.44.
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