Ultra Clean Reports Second Quarter 2015 Financial Results
Exceeded Revenue Expectations, Improved Margins and Generated Strong Cash Flow
HAYWARD, Calif., July 22, 2015 -- 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, today reported its financial results for the second quarter ended June 26, 2015.
The Company reported revenue of $117.5 million for the second quarter of 2015, a decrease of 6.2% compared to the first quarter of 2015, and an 11.4% decrease compared to the same period a year ago. Net profit was $2.2 million, or $0.10 per diluted share, for the second quarter of 2015 after excluding pre-tax intangible asset amortization charges of $1.4 million. The Company ended the quarter with an increase in cash of $7.0 million compared to the prior quarter.
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Published: 23 July 2015
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Written by Editor
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