Ultra Clean Holdings, Inc. Reaffirms Earnings Guidance for the Fourth Quarter 2017; Provides Earnings Guidance for the First Quarter 2018
January 16, 2018 at 01:30 pm
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Ultra Clean Holdings, Inc. reaffirmed earnings guidance for the fourth quarter 2017. For the period, the company expects revenue to be at the high end of its guided range of $240.0 million to $250.0 million, with operating margins within the target range of 8% to 10%.
The company provided earnings guidance for the first quarter 2018. For the period, the company expects revenue to increase as compared to the fourth quarter of fiscal 2017 and operating margins to remain generally consistent with the fourth quarter of fiscal 2017 and within the target range of 8% to 10%.
Ultra Clean Holdings, Inc. is a developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services, primarily for the semiconductor industry. It offers its customers an integrated outsourced solution for major subassemblies, design-to-delivery cycle times, design for manufacturability, and prototyping. The Companyâs segments are Products and Services. The Products segment primarily designs, engineers, and manufactures production tools, components, parts, and modules and subsystems. The Products segment includes chemical delivery modules, frame assemblies, gas delivery systems, fluid delivery systems, precision robotics and process modules as well as other high-level assemblies. The Services segment provides ultra-high purity parts cleaning, process tool part recoating, surface encapsulation and high sensitivity micro contamination analysis primarily for the semiconductor device makers and wafer fabrication equipment (WFE) markets.