Ultra Clean Holdings falls after cutting Q4 revenue forecast
09/01/2023 14:56
** Shares of semiconductor equipment and testing company
Ultra Clean Holdings Inc UCTT.O down 7.8% at $32.89
** Company cuts Q4 revenue outlook to $560 mln-$570 mln from
its earlier forecast of $600 mln-$650 mln
** Weak demand and manufacturing blips in China prompted the
forecast cut - UCTT
** In 2022, shares of Ultra Clean Holdings fell over 42%
(Reporting by Eva Mathews in Bengaluru)
((eva.mathews@thomsonreuters.com))