Ultra Clean Holdings Fiscal Q3 Non-GAAP Earnings, Revenue Rise

MT Newswires Live10-29

Ultra Clean Holdings (UCTT) reported fiscal Q3 non-GAAP earnings Monday of $0.35 per diluted share, up from $0.04 a year earlier.

Four analysts polled by Capital IQ expected $0.33.

Revenue for the quarter ended Sept. 27 was $540.4 million, compared with $435 million a year earlier.

Four analysts polled by Capital IQ expected $515.9 million.

The company said it expects fiscal Q4 non-GAAP earnings per share of between $0.34 and $0.54 on revenue of $535 million to $585 million. Analysts polled by Capital IQ expect $0.44 in non-GAAP earnings per share on revenue of $537.9 million.

The company's share price rose almost 5% aftermarket hours on Monday.

Price: 36.71, Change: +1.66, Percent Change: +4.74

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