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Jun 26, 2020
Ultra Clean Q2 2020 Earnings Report
UCT delivered record revenue and profitability in the second quarter on increased demand across all areas of its business.
Key Takeaways
Ultra Clean Holdings reported record revenue and profitability in Q2 2020, driven by increased demand across all business areas. Total revenue reached $344.8 million, with a GAAP net income of $21.3 million or $0.53 per basic share.
UCT delivered record revenue and profitability in Q2 2020.
Increased demand was seen across all areas of the business.
A recovery in wafer starts drove the Services business upwards.
Ongoing momentum in the equipment market led to an increase in the Products business.
Forward Guidance
The Company expects revenue in the range of $320.0 million to $360.0 million and GAAP diluted net income per share to be between $0.40 and $0.56. The Company expects non-GAAP diluted net income per share to be between $0.56 and $0.72.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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