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Ultra Clean -8.1% AH on soft Q3 guidance

Jul. 21, 2014 6:51 PM ETUltra Clean Holdings, Inc. (UCTT) StockBy: Eric Jhonsa, SA News Editor
  • Though Ultra Clean (NASDAQ:UCTT) beat Q2 estimates, it's guiding for Q3 revenue of $115M-$120M and EPS of $0.13-$0.16, below a consensus of $124.3M and $0.17. No explanation is given in the earnings release for the light outlook.
  • Gross margin was 15.9% in Q2 vs. 16.2% in Q1 and 14.6% a year ago. GAAP opex +5% Y/Y to $13.1M
  • Q2 results, PR

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