Ultra Clean Reports Fourth Quarter and Full Year 2019 Financial Results

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Ultra Clean (UCTT) PT Raised to $30 at Needham & Company

February 20, 2020 7:35 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Ultra Clean (NASDAQ: UCTT) to $30.00 (from $27.00) while maintaining a Buy rating.

The analyst commented, "Ultra Clean reported strong 4Q19 results highlighted by expanding gross margin commensurate with growing revenue. The... More

Ultra Clean Holdings (UCTT) Tops Q4 EPS by 7c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus

February 19, 2020 4:12 PM EST

Ultra Clean Holdings (NASDAQ: UCTT) reported Q4 EPS of $0.33, $0.07 better than the analyst estimate of $0.26. Revenue for the quarter came in at $286.4 million versus the consensus estimate of $272.3 million.

"UCT's solid performance resulted in a very strong fourth quarter with revenue growing more... More