Ultra Clean Hldgs Q2 EPS $0.16 Misses $0.25 Estimate, Sales $421.50M Miss $440.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ultra Clean Hldgs (NASDAQ:UCTT) reported Q2 earnings of $0.16 per share, missing the analyst consensus estimate of $0.25 by 36 percent. This is a 84.62 percent decrease from the same period last year. The company also reported quarterly sales of $421.50 million, missing the analyst consensus estimate of $440.13 million by 4.23 percent, a 30.75 percent decrease from the same period last year.
July 27, 2023 | 8:11 pm
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Ultra Clean Hldgs reported lower than expected Q2 earnings and sales, with significant YoY decreases. This could negatively impact the stock in the short term.
Ultra Clean Hldgs reported a significant decrease in earnings and sales compared to the same period last year, and also missed analyst estimates. This is likely to be viewed negatively by investors, potentially leading to a decrease in the stock price in the short term.
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