Key Developments For Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. (UCTT.O) (Nasdaq)
Ultra Clean Holdings, Inc. Acquires Facility In Singapore
Ultra Clean Holdings, Inc. announced the launch of its new manufacturing operation in Singapore at the Spectrum 1 complex in the Woodlands Industrial Estate. Ultra Clean took over the 35,000 sq. ft. facility from Allegro Manufacturing Pte. Ltd in early November 2009.
Ultra Clean Holdings, Inc. Issues Q4 2009 Guidance Above Analysts' Estimates
Ultra Clean Holdings, Inc. announced that for fourth quarter of 2009, it expects further revenue growth and a return to profitability. The Company expects revenue for fourth quarter of 2009 to be $58-$63 million, with earnings per share (EPS) in the range of $0.01-$0.06. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $(0.06) on revenues of $46 million for the same period.
Ultra Clean Holdings, Inc. Raises Q3 2009 Guidance
Ultra Clean Holdings, Inc. revised third quarter of 2009 guidance to reflect continued improvement in semiconductor equipment market conditions. The Company's original third quarter of 2009 guidance of revenue between $30-$36 million, and loss per share (EPS) between ($0.16)-($0.24), has been revised to revenue between $39-$41 million and loss per share between $(0.09)-$(0.11), on a GAAP basis. The foregoing are estimates only and subject to review by external auditors and change in connection with the finalization of its third quarter financial results. According to Reuters Estimates, analysts were expecting the Company to report revenues of $33 million and non-GAAP loss per share of $(0.19) for the same period.
Ultra Clean Holdings, Inc. Issues Q3 2009 Outlook; Revenue Outlook Above Analysts' Estimates
Ultra Clean Holdings, Inc. announced that for third quarter of 2009, it expects revenue to be in the range of $30-$36 million, loss per share to be in the range of $0.09-$0.17, on a non-GAAP basis and on a GAAP basis, loss per share will be in the range of $0.16-$0.24 including the tax valuation allowance. According to Reuters Estimates, analysts were expecting the Company to report revenues of $29 million and non-GAAP loss per share of $0.14 for the same period.
Ultra Clean Holdings, Inc. Appoints Kevin C. Eichler Chief Financial Officer
Ultra Clean Holdings, Inc. announced the appointment of Kevin (Casey) Eichler to the position of Sr. Vice President and Chief Financial Officer, effective Friday, July 31, 2009. Mr. Eichler served on Ultra Clean's Board of Directors since March 2004 and was most recently Ultra Clean's Lead Director and Chairman of the Audit Committee.
