Ultra Clean (UCTT)
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Ultra Clean Reports First Quarter 2025 Financial Results
Prnewswire· 2025-04-28 20:05
Core Viewpoint - Ultra Clean Holdings, Inc. reported a decline in financial performance for the first quarter of 2025, attributing this to softening demand and an uncertain business environment [2][3]. Financial Results - Total revenue for Q1 2025 was $518.6 million, down from $563.3 million in the previous quarter, with product revenue at $457.0 million and service revenue at $61.6 million [2]. - The gross margin was 16.2%, operating margin was 2.5%, and the company reported a net loss of $0.5 million or $0.11 per diluted share, compared to a net income of $16.3 million or $0.36 per diluted share in the prior quarter [2]. - On a non-GAAP basis, gross margin was 16.7%, operating margin was 5.2%, and net income was $12.7 million or $0.28 per diluted share, down from $22.9 million or $0.51 per diluted share in the previous quarter [3]. Outlook - For Q2 2025, the company expects revenue to be in the range of $475 million to $525 million, with GAAP diluted net loss per share projected between $(0.06) and $(0.26) and non-GAAP diluted net income per share expected to be between $0.17 and $0.37 [4]. Company Overview - Ultra Clean Holdings, Inc. specializes in developing and supplying critical subsystems and components primarily for the semiconductor industry, offering integrated outsourced solutions and ultra-high purity cleaning services [6].
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Ultra Clean Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – UCTT
GlobeNewswire News Room· 2025-04-28 18:12
Group 1 - The Rosen Law Firm is reminding purchasers of Ultra Clean Holdings, Inc. securities from May 6, 2024, to February 24, 2025, about the lead plaintiff deadline on May 23, 2025 [1] - Investors who purchased Ultra Clean securities during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by May 23, 2025 [3] Group 2 - The lawsuit alleges that Ultra Clean misrepresented its market position and growth potential, failing to account for declining demand from a major customer and issues in the semiconductor industry [5] - The firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Ultra Clean
GlobeNewswire News Room· 2025-04-26 14:34
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Ultra Clean Holdings, Inc. due to allegations of misleading statements regarding demand for its products in the Chinese market, which led to significant stock price declines following the company's earnings report [4][6][8]. Group 1: Legal Investigation - Faruqi & Faruqi is encouraging investors who suffered losses in Ultra Clean between May 6, 2024, and February 24, 2025, to discuss their legal options [1][4]. - A federal securities class action has been filed against Ultra Clean, with a deadline of May 23, 2025, for investors to seek the role of lead plaintiff [4][9]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [5]. Group 2: Allegations Against Ultra Clean - The complaint alleges that Ultra Clean and its executives violated federal securities laws by making false or misleading statements about the demand for its products in China during fiscal year 2024 [6]. - The company faced a customer ramp issue and inventory and demand corrections, which were not disclosed, leading to a misrepresentation of the true state of demand [6]. Group 3: Market Reaction - On February 24, 2025, Ultra Clean reported "demand softness" in China, which was attributed to extended qualification timelines and inventory absorption [7]. - Following this announcement, Ultra Clean's stock price plummeted from $36.06 per share to $25.90 per share, a decline of over 28% in one day [8].
Levi & Korsinsky Notifies Shareholders of Ultra Clean Holdings, Inc.(UCTT) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-04-25 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Ultra Clean Holdings, Inc. due to alleged securities fraud that affected investors between May 6, 2024, and February 24, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Ultra Clean misled investors about the demand for its products in the Chinese market, falsely reporting increased demand and revenue while concealing issues such as customer ramp problems and inventory corrections [2] - On February 24, 2025, Ultra Clean disclosed "demand softness" in China during its earnings call, leading to a significant stock price drop from $36.06 to $25.90, a decline of over 28% in one day [2] Group 2: Investor Information - Investors who suffered losses during the specified period have until May 23, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4]
Shareholders that lost money on Ultra Clean Holdings, Inc.(UCTT) should contact Levi & Korsinsky about pending Class Action - UCTT
GlobeNewswire News Room· 2025-04-24 16:26
NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Ultra Clean Holdings, Inc. ("Ultra Clean" or the "Company") (NASDAQ: UCTT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ultra Clean investors who were adversely affected by alleged securities fraud between May 6, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/ultra-clea ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 23, 2025 in Ultra Clean Lawsuit - UCTT
Prnewswire· 2025-04-24 09:45
DEADLINE: May 23, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/ultra-clean-holdings-inc-loss-submission-form/? id=144665&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of UCTT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to b ...
The Gross Law Firm Reminds Ultra Clean Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 23, 2025 – UCTT
GlobeNewswire News Room· 2025-04-23 17:16
Core Viewpoint - The Gross Law Firm is notifying shareholders of Ultra Clean Holdings, Inc. about a potential class action lawsuit due to misleading statements regarding demand for the company's products in China, which led to significant stock price decline [1][3]. Group 1: Allegations and Demand Issues - The allegations state that Ultra Clean's executives provided investors with overly positive information about demand from Chinese OEMs and the domestic market, claiming revenue had doubled without signs of slowing down [3]. - It was revealed that the company faced a "customer ramp issue" and inventory and demand corrections, which contributed to a decline in demand in China [3]. - Following the announcement of "demand softness" in China on February 24, 2025, Ultra Clean's stock price dropped from $36.06 to $25.90, a decline of over 28% in one day [3]. Group 2: Class Action Details - The class period for the potential lawsuit is from May 6, 2024, to February 24, 2025, and shareholders are encouraged to register for participation [3][4]. - The deadline for shareholders to seek lead plaintiff status is May 23, 2025, and there is no cost to participate in the case [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [4].
May 23, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against UCTT
Prnewswire· 2025-04-22 09:45
NEW YORK, April 22, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Ultra Clean Holdings, Inc. ("Ultra Clean" or the "Company") (NASDAQ: UCTT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ultra Clean investors who were adversely affected by alleged securities fraud between May 6, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/ultra-clean-hold ...
Levi & Korsinsky Notifies Ultra Clean Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – UCTT
GlobeNewswire News Room· 2025-04-21 16:59
Core Viewpoint - A class action securities lawsuit has been filed against Ultra Clean Holdings, Inc. due to alleged securities fraud that affected investors between May 6, 2024, and February 24, 2025 [1][2]. Group 1: Allegations and Company Performance - The lawsuit claims that Ultra Clean misled investors about the demand for its products in the Chinese market, stating that demand was high and revenue was doubling, while concealing issues such as customer ramp problems and inventory corrections [2]. - On February 24, 2025, Ultra Clean reported its fourth quarter and full year 2024 results, revealing "demand softness" in China, which led to a significant drop in stock price from $36.06 to $25.90, a decline of over 28% in one day [2]. Group 2: Legal Proceedings and Investor Information - Investors who suffered losses during the specified timeframe have until May 23, 2025, to request to be appointed as lead plaintiff in the lawsuit, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating a no-cost participation in the lawsuit [3]. Group 3: Law Firm Background - Levi & Korsinsky, the law firm handling the case, has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top firms in the United States [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ultra Clean Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines – UCTT
GlobeNewswire News Room· 2025-04-21 16:37
NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Ultra Clean Holdings, Inc. (“Ultra Clean” or the “Company”) (NASDAQ: UCTT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Ultra Clean and ...