Ultra Clean Holdings (UCTT) Reaffirms Q4 Guidance, Comments on Q1
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EPS Growth %: -23.5%
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Net income: 2.61M
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Ultra Clean Holdings, Inc. (Nasdaq: UCTT), a leading developer and supplier of critical systems and subsystems for the semiconductor capital equipment, flat panel, medical, energy and research industries, reaffirmed its fourth quarter 2017 revenue guidance today. The Company expects revenue to be at the high end of its guided range of $240.0 million to $250.0 million, with operating margins within the target range of 8% to 10%.
With continued strength across the semiconductor industry and growing demand from key customers, in the first quarter of fiscal 2018, the Company expects revenue to increase as compared to the fourth quarter of fiscal 2017 and operating margins to remain generally consistent with the fourth quarter of fiscal 2017 and within the target range of 8% to 10%.
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