UCTT Sees Q3 Revenue $490M-$540M vs $500.48M Est; Sees Q3 Non-GAAP EPS $0.22-$0.42 vs $0.38 Est
Portfolio Pulse from Benzinga Newsdesk
Ultra Clean Holdings, Inc. (UCTT) has provided its Q3 revenue guidance in the range of $490M-$540M, compared to the consensus estimate of $500.48M. The company also expects its Q3 non-GAAP EPS to be between $0.22 and $0.42, against the consensus estimate of $0.38.
July 25, 2024 | 8:46 pm
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Ultra Clean Holdings, Inc. (UCTT) has provided its Q3 revenue guidance in the range of $490M-$540M, compared to the consensus estimate of $500.48M. The company also expects its Q3 non-GAAP EPS to be between $0.22 and $0.42, against the consensus estimate of $0.38.
The revenue guidance range is broad but includes the consensus estimate, which may be seen as a positive sign. The EPS guidance range also includes the consensus estimate, suggesting potential for meeting or exceeding expectations. This could lead to a positive short-term impact on the stock price.
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