Ultra Clean Expects Q1 Revenue Of $430M-$480M (Est $443.625M), Adj EPS Of $0.03-$0.23 (Est $0.19)
Portfolio Pulse from Benzinga Newsdesk
Ultra Clean Holdings, Inc. (UCTT) has provided its Q1 revenue and adjusted EPS forecasts, expecting revenues to be between $430M-$480M, with an estimated midpoint of $443.625M, and adjusted EPS to range from $0.03 to $0.23, against an estimated $0.19.
February 21, 2024 | 10:41 pm
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Ultra Clean Holdings, Inc. (UCTT) projects Q1 revenues to be between $430M-$480M, exceeding the estimated $443.625M, with adjusted EPS expected to be $0.03-$0.23, closely aligning with the estimated $0.19.
The projected revenue range provided by Ultra Clean Holdings surpasses the analyst's estimate midpoint, indicating a positive outlook for the company's financial performance in Q1. The adjusted EPS range also aligns closely with estimates, further supporting a potentially positive short-term impact on UCTT's stock price.
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