HAYWARD, Calif., Jan. 16, 2018 /PRNewswire/ -- Ultra Clean
Holdings, Inc. (Nasdaq: UCTT), a leading developer and supplier of
critical systems and subsystems for the semiconductor capital
equipment, flat panel, medical, energy and research industries,
reaffirmed its fourth quarter 2017 revenue guidance today. The
Company expects revenue to be at the high end of its guided range
of $240.0 million to $250.0 million, with operating margins within the
target range of 8% to 10%.
With continued strength across the semiconductor industry and
growing demand from key customers, in the first quarter of fiscal
2018, the Company expects revenue to increase as compared to the
fourth quarter of fiscal 2017 and operating margins to remain
generally consistent with the fourth quarter of fiscal 2017 and
within the target range of 8% to 10%.
About Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. is a leading developer and supplier
of critical systems and subsystems for the semiconductor capital
equipment, flat panel, medical, energy and research 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 for the
semiconductor capital equipment, flat panel, medical, and energy
and research industries. Ultra Clean is headquartered in
Hayward, California. Additional
information is available at www.uct.com.
Safe Harbor Statement
The foregoing information contains, or may be deemed to contain,
"forward-looking statements" (as defined in the US Private
Securities Litigation Reform Act of 1995) which reflect our current
views with respect to future events and financial performance. We
use words such as "anticipates," "projection," "forecast,"
"believes," "plan," "expect," "future," "intends," "may," "will,"
"estimates," "predicts," and similar expressions to identify
these forward-looking statements. Forward looking statements
included in this press release include our expectations with
respect to fourth quarter 2017 and first quarter 2018 results of
operations. All forward-looking statements address matters that
involve risks and uncertainties. Accordingly, the Company's actual
results may differ materially from the results predicted or implied
by these forward-looking statements. These risks, uncertainties and
other factors also include, among others, those identified in "Risk
Factors," "Management's Discussion and Analysis of Financial
Condition and Results of Operations" and elsewhere in our annual
report on Form 10-K and quarterly reports on Form 10-Q, each as
filed with the Securities and Exchange Commission. The Company
undertakes no obligation to publicly update or review any
forward-looking statements, whether as a result of new information,
future developments or otherwise unless required by law.
Contact:
Annie
Leschin
(415) 775-1788
annie@streetsmartir.com
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SOURCE Ultra Clean Holdings, Inc.