Ultra Clean Holdings (UCTT) Tops Q1 EPS by 8c, Revenues Beat; Affirms 2Q EPS/Revenue Guidance

Ultra Clean Holdings (NASDAQ: UCTT) reported Q1 EPS of $0.21, $0.08 better than the analyst estimate of $0.13. Revenue for the quarter came in at $260.1 million versus the consensus estimate of $240.71 million.

"Solid execution of our plan resulted in a strong start to the year as we delivered revenue and non-GAAP EPS above our expectations," said Jim Scholhamer, CEO. "We continue to make strategic investments, such as our recent acquisition of Dynamic Manufacturing Solutions, which broaden our product portfolio and drive profitable growth."

GUIDANCE:

Ultra Clean Holdings sees Q2 2019 EPS of $0.12-$0.22, versus the consensus of $0.17. Ultra Clean Holdings sees Q2 2019 revenue of $245-265 million, versus the consensus of $245.4 million.

For earnings history and earnings-related data on Ultra Clean Holdings (UCTT) click here.

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