Ultra Clean Hldgs Q3 Adj EPS $0.04 Misses $0.10 Estimate, Sales $435.00M Miss $436.64M Estimate
Portfolio Pulse from totan@benzinga.com
Ultra Clean Hldgs (NASDAQ:UCTT) reported Q3 earnings of $0.04 per share, missing the analyst consensus estimate of $0.10 by 60%. The company's quarterly sales were $435.00 million, missing the analyst consensus estimate of $436.64 million by 0.38%. This represents a 96.23% decrease in earnings and a 31.50% decrease in sales compared to the same period last year.
October 25, 2023 | 10:00 pm
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Ultra Clean Hldgs reported lower than expected Q3 earnings and sales, which represents a significant decrease compared to the same period last year.
Ultra Clean Hldgs reported lower than expected earnings and sales for Q3. This is likely to negatively impact the company's stock price in the short term as it indicates a decrease in profitability.
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