Ultra Clean Holdings reported a 24.3% year-over-year revenue increase in Q2 and beat non-GAAP EPS estimates, signaling strong operational performance. Despite this, shares fell due to profit-taking and worries about negative operating cash flow caused by inventory buildup. Management projects Q3 revenue between $700 million and $750 million and expects gross margins to approach 20% next year as utilization improves. The company remains attractive for long-term investors due to AI-driven demand and capacity expansion, though customer concentration risks persist.
The 5th edition of the Dubai Michelin Guide features 122 restaurants, nearly doubling since its debut. Orfali Bros was promoted to two Michelin stars, while two new restaurants, Birch and KIGO, earned their first stars. The guide highlights Dubai's g...
The 5th edition of the MICHELIN Guide Dubai features 122 restaurants, almost double since its debut, highlighting Dubai's growing culinary scene. Orfali Bros was upgraded to Two MICHELIN Stars, while two new restaurants, Birch and KIGO, earned One MI...
The 5th edition of the Michelin Guide Dubai features 122 restaurants, almost double since its launch, highlighting Dubai's growing global culinary prestige. Orfali Bros was promoted to two Michelin stars, while two restaurants retained three stars. T...
The 2026 edition of the Dubai MICHELIN Guide features 122 restaurants, nearly doubling the number since its first edition. Key highlights include Orfali Bros' promotion to Two MICHELIN Stars, two new One MICHELIN Star restaurants (Birch and KIGO), an...
The 5th edition of the MICHELIN Guide Dubai features 122 restaurants, nearly double the original selection, highlighting Dubai's growing culinary scene. Orfali Bros earned two MICHELIN stars, joining two other three-star restaurants that retained the...
