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UCTT-News
UCTT-Events
Sees Q3 Revenue of $700M-$750M
Sees Q3 revenue $700M-$750M, consensus $664.74M.
UCT Reports Q2 Revenue of $644.9M, Exceeding Expectations
Reports Q2 revenue $644.9M, consensus $587.65M. "UCT delivered second quarter results above the top end of our guided range reflecting strong operational execution and increasing customer demand," said James Xiao, CEO. "The long-term outlook for semiconductor manufacturing remains compelling as AI continues to drive investment across the industry. Our priority is executing UCT 3.0 by expanding our global manufacturing capacity, enhancing engineering and operational capabilities, and accelerating digital transformation. Together, these initiatives position us to support our customers with greater speed, agility, and scale while delivering sustainable, profitable growth and creating long-term value for our shareholders."
Ultra Clean Holdings Appoints Michael Keogh as CFO
Ultra Clean Holdings announced the appointment of Michael Keogh as CFO, effective August 5. Keogh succeeds Sheri Savage and will report to CEO James Xiao. Keogh brings more than 25 years of global financial and operational leadership experience spanning the semiconductor, advanced manufacturing, automotive, and technology industries. He has built a distinguished track record of leading business transformations, improving financial and operational performance, and partnering with executive teams to scale complex global organizations. Most recently, Keogh served as CFO of Ford Model e and Integrated Services, where he was instrumental in shaping Ford's EV strategy, supporting multi-billion-dollar joint ventures, and advancing capital allocation decisions during a period of significant business transformation. Previously, as CFO of Bright Machines, he led the company's financial turnaround.
Ultra Clean Stock Drops 10.5% to $94.50
Ultra Clean is down -10.5%, or -$11.03 to $94.50.
Ultra Clean CFO Sheri Savage Retires, Board Initiates Successor Search
Ultra Clean "announced that Sheri Savage, CFO, will be retiring from the company. The Board has initiated a comprehensive search for Sheri's successor, considering both internal and external candidates, and will provide an update in due course."
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