Ultra Clean Hldgs Q2 2024 Adj EPS $0.32 Beats $0.26 Estimate, Sales $516.100M Beat $490.064M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ultra Clean Holdings (NASDAQ:UCTT) reported Q2 2024 adjusted EPS of $0.32, beating the $0.26 estimate. Sales were $516.1M, surpassing the $490.064M estimate. EPS increased by 100% YoY, and sales grew by 22.44% YoY.
July 25, 2024 | 8:28 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ultra Clean Holdings reported strong Q2 2024 results with EPS of $0.32 beating estimates by 23.08% and sales of $516.1M exceeding expectations by 5.31%. EPS and sales showed significant YoY growth.
The strong earnings and sales performance, significantly beating analyst estimates and showing substantial year-over-year growth, are likely to positively impact UCTT's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100