UCTT Q1 2024 Earnings — Ultra Clean Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UCTTUltra Clean Holdings, Inc.

$3B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$478M+10.2% YoY

Gross Profit

$83M17.3% margin

Operating Income

$17M3.6% margin

Net Income

-$9M-2.0% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+7.4%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$8M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$999M

Stockholders' Equity

$831M

Cash & Equivalents

$293M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$478M	$433M	+10.2%
Gross Profit	$83M	$73M	+13.2%
Operating Income	$17M	$12M	+39.5%
Net Income	-$9M	-$3M	-176.5%

Revenue Segments

Product

$419M88%

Service

$59M12%

Geographic Segments

SINGAPORE

$157M33%

UNITED STATES

$141M30%

CHINA

$55M11%

AUSTRIA

$38M8%

Other Geographical Areas

$36M8%

KOREA, REPUBLIC OF

$24M5%

TAIWAN

$16M3%

MALAYSIA

$7M2%

ISRAEL

$4M1%