Ultra Clean Holdings, Inc. (UCTT) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the UCT Reports Q1 2025 Financial Results Conference Call. At this time, all lines are in reason-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Monday, April 28, 2025. I would now like to turn the conference over to Rhonda Benetto, Investor Relations. Please go ahead. Thank you, Operator. Good afternoon, everyone, and thank you for joining us. With me today are Clarence Granger, Interim CEO, Sherry Savage, Chief Financial Officer, and Cheryl Knefler, our VP of Marketing. Clarence will begin with some prepared remarks about the business, and Sherry will follow that with the financial review, then we'll open up the call for questions. Today's call contains forward-looking statements that are subject to risks and uncertainties. For more information, please refer to the Risk Factors section in our SEC filings. All forward-looking statements are based on estimates, projections, and assumptions as of today, and we assume no obligation to update them after this call. Discussion of our financial results will be presented on a non-GAAP basis. A reconciliation of GAAP to non-GAAP can be found in today's press release posted on our website. And with that, I'd like to turn the call over to Clarence. Clarence? Thank you, Rhonda. And good afternoon, everyone. We appreciate you joining our first quarter 2025 conference call. I'll start with a brief review of our financial and operating results. followed by some commentary on the near and yet longer-term semi-market landscape. I'll also highlight some opportunities we are pursuing, and then I'll turn the ca...