Ultra Clean jumps 10% after Q3 topline results seen up 15% Y/Y

Oct. 27, 2022 12:42 PM ETUCTTBy: Manshi Mamtora, CFA

Ultra Clean (UCTT) Q3 shows ~15% climb in revenue to $635M, beats consensus by $22.76M.

Bifurcating revenue: Products contributed $556.3M and Services added $78.7M.

GAAP basis: Total gross margin was 19.6%, operating margin was 5.7%, and net income was $9.7M.

Non-GAAP basis: Gross

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