Ultra Clean Holdings, Inc. (UCTT) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the UCT Report's first quarter 2026 Financial Results Conference Call. At this time, all lines are in listen-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 Tuesday, April 28th of 2026. I would now like to turn the conference over to Rhonda Bineto, Investor Relations. Please go ahead. Thank you, Operator. Good afternoon, everyone, and thank you for joining us. With me today are James Zhao, CEO, Sherry Savage, CFO, and Cheryl Knetler, VP Marketing. James will begin with some prepared remarks about the industry and highlight some of the opportunities ahead for UCT. Sherry will follow with the financial review, and 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. Also, beginning this quarter, our non-GAAP results now exclude the impact of unrealized gains and losses on foreign exchange, and our revised reference to prior periods was included in our fourth quarter earnings press release back in February. And with that, I'd like to turn the call over to James. James, please go ahead. Thank you, Rhonda, and good afternoon, everyone. We appreciate you joinin...