Ultra Clean Announces Upward Revisions to its Q4 2013 Revenue Estimate and Provides Margin Guidance
Ultra Clean Technology Systems & Service, Inc.
150 Independence Dr.
Menlo Park, CA, 94025
Press release date: January 14, 2014
HAYWARD, Calif. -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), a developer and supplier of critical subsystems for the semiconductor capital equipment, medical device, energy, research, and flat panel industries, announced today its revised revenue estimate for the fourth quarter of 2013, representing an increase from its previously issued guidance for the fourth quarter of fiscal 2013. The Company now expects revenue of approximately $125 million to $127 million, an increase from guidance of $120 million to $125 million issued on October 21, 2013. In addition, the Company stated that it anticipates achieving a gross profit margin of 16.5% to 17% for the quarter.
The Company expects to release its fourth quarter and full year's financial results for 2013, and its revenue and earnings per share estimates for its first quarter of 2014, on February 18, 2014.
About Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, medical device, energy, research and flat panel industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com.
Ultra Clean Holdings, Inc.