Ultra Clean Reports Second Quarter 2020 Financial Results

Go back to Ultra Clean Reports Second Quarter 2020 Financial Results

Ultra Clean (UCTT) PT Raised to $35 at Needham & Company

July 30, 2020 7:47 AM EDT

Needham & Company analyst N. Quinn Bolton raised the price target on Ultra Clean (NASDAQ: UCTT) to $35.00 (from $26.00) while maintaining a Buy rating.

The analyst commented, "Ultra Clean reported another strong beat-and-raise quarter, thanks to the resilience and the faster-than-expected recovery of its... More

Ultra Clean Holdings (UCTT) Tops Q2 EPS by 28c, Revenues Beat; Offers 3Q EPS/Revenue Guidance Above Consensus

July 29, 2020 4:39 PM EDT

Ultra Clean Holdings (NASDAQ: UCTT) reported Q2 EPS of $0.75, $0.28 better than the analyst estimate of $0.47. Revenue for the quarter came in at $344.8 million versus the consensus estimate of $309.94 million.

"UCT delivered record revenue and profitability in the second quarter on increased... More