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Ultra Clean Holdings (UCTT)
NASDAQ:UCTT
Earnings Data
Report Date
Apr 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.31Last Year’s EPS
0.27Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 24, 2025
|% Change Since: -48.78%
|Next Earnings Date:Apr 28, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a strong performance in 2024 with significant revenue growth and improved operating efficiency driven by AI and advanced packaging demand. However, challenges in the China market and a decline in gross margin present near-term headwinds, leading to expectations of flat revenue in the first half of 2025.Company Guidance
In their earnings call, Ultra Clean Technology (UCT) provided guidance reflecting some challenges and areas of growth. For the first quarter of 2025, UCT projected total revenue between $505 million and $555 million and expected earnings per share (EPS) in the range of $0.22 to $0.42. Despite experiencing a 21% growth in 2024, the company anticipates some demand softness, especially from their China operations, due to extended qualification timelines and inventory digestion. UCT's revenue for Q4 2024 was $563.3 million, with a total gross margin of 16.8%, slightly lower than the previous quarter. The company aims to maintain profitability by closely monitoring cost structures and expects its tax rate to be in the low to mid-20s for 2025. Additionally, UCT plans to outperform the wafer fab equipment (WFE) market by 5% to 10%, targeting a potential growth of five points in WFE in 2025.Significant Revenue Growth
UCT experienced a 21% revenue growth over the prior year, outperforming the overall WFE market and closest competitors. Total revenue for the year reached $2.1 billion compared to $1.7 billion in 2023.
Strong AI and Advanced Packaging Demand
Revenue from Products increased due to demand for advanced packaging applications and AI-related processes, with Products revenue reaching $503.5 million in Q4.
Improved Operating Efficiency
Operating expense as a percentage of revenue decreased from 11.6% in 2023 to 10.6% in 2024, and operating margin increased to 6.9% from 4.9% in 2023.
Earnings Per Share Growth
Earnings per share for the year increased to $1.44 compared to $0.56 in 2023.
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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 |
|---|---|---|---|
| Feb 24, 2025 | $36.06 | $25.90 | -28.18% |
| 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% |
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 Apr 28, 2025, TBA Not Confirmed.
What is Ultra Clean Holdings (UCTT) earnings time?
Ultra Clean Holdings (UCTT) earnings time is at Apr 28, 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 2025 (Q1) is 0.31.
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