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0 -0.00146842878120405 -0.00274532337355538 -0.00172380769967428 -0.00108536040349861 -0.00108536040349861 -0.00108536040349861 -0.00108536040349861
Stock impact report

Ultra Clean (UCTT) Q3 2024 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Ultra Clean Holdings, Inc. (UCTT) 
Last ultra clean holdings, inc. earnings: 4/29 04:05 pm Check Earnings Report
Chief Financial Officer — Sheri Savage Need a quote from a Motley Fool analyst? Email pr@fool.com RISKS CFO Sheri Savage stated, "Our tax-rate increased from 24.7% last quarter to 27.1% this quarter," driven by a mix of earnings from higher tax jurisdictions. Foreign exchange headwinds, "primarily related to the Malaysian ringgit," negatively impacted EPS by $0.06 per share this fiscal quarter. Operating cash flow declined to $14.9 million from $23.2 million, due to timing of collections and vendor payments. TAKEAWAYS Total revenue -- $540.4 million, up from $516.1 million in the prior fiscal quarter, driven by customer demand related to AI infrastructure, and continued China market growth. Products revenue -- $479 million, rising from $452.7 million quarter over quarter, indicating broadening demand from advanced packaging and CMP for AI chips. Services revenue -- $61.4 million, down from $63.4 million the previous fiscal quarter, offset by stronger product revenue Show less Read more
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