Entegris Earnings Reports

Entegris reported Q4 2024 results with net sales of $850 million, a 5% increase from the prior year. Adjusted net sales increased by 11%. GAAP diluted EPS was $0.67, and non-GAAP diluted EPS was $0.84. The company outperformed the market and demonstrated leverage in its model with EBITDA growth that was twice the rate of sales growth.

Entegris reported a decrease in net sales of 9% year-over-year, with a reported revenue of $808 million. However, adjusted net sales, excluding divestitures, increased by 7% from the prior year. The company's GAAP diluted EPS was $0.51, and non-GAAP diluted EPS was $0.77.

Entegris reported net sales of $813 million for Q2 2024, a 5% increase sequentially. GAAP diluted EPS was $0.45, and non-GAAP diluted EPS was $0.71. The company expects a gradual recovery in the semiconductor market in the second half of the year and anticipates strong growth acceleration into 2025.

Entegris reported net sales of $771 million for Q1 2024, a 16% decrease from the prior year, but at the high end of their guidance. GAAP diluted EPS was $0.30, and non-GAAP diluted EPS was $0.68. The company sold its Pipeline and Industrial Materials (PIM) business and paid down over $400 million of debt.

Entegris reported Q4 2023 net sales of $812.3 million, a 14% decrease year-over-year. GAAP net income was $38.0 million, or $0.25 per diluted share, while non-GAAP net income was $97.9 million, or $0.65 per diluted share. The company outperformed the market by 6 points for the year and paid off $1.3 billion of debt.

Entegris reported third-quarter revenue of $888 million, a decrease of 11% from the prior year and 1% sequentially. GAAP diluted EPS was $0.22, and non-GAAP diluted EPS was $0.68. The company is managing costs effectively while making critical investments for the future.

Entegris reported second-quarter sales of $901.0 million, a 30% increase from the same quarter last year. GAAP net income was $197.6 million, or $1.31 income per diluted share, while non-GAAP net income was $99.6 million, or $0.66 per diluted share. The company is on track to achieve its $75 million run-rate cost synergy target by the fourth quarter.

Entegris reported first-quarter sales of $922.4 million, a 42% increase from the same quarter last year. GAAP net loss was $88.2 million, or $0.59 loss per diluted share, while non-GAAP net income was $97.8 million, or $0.65 earnings per diluted share.

Entegris reported a solid fourth quarter, with revenue of $946 million, a 49% increase from the same quarter last year. GAAP net income was $57.4 million, or $0.38 earnings per diluted share, while non-GAAP net income was $124.5 million, or $0.83 earnings per diluted share.

Entegris reported third-quarter revenue of $994 million, a 71% increase year-over-year. GAAP diluted EPS was ($0.50), while non-GAAP diluted EPS was $0.85. The company is progressing with the integration of CMC Materials and expects strong growth for the full year 2022, exceeding market performance.

Entegris reported a strong second quarter with a 21% increase in revenue compared to the prior year. GAAP diluted EPS increased by 12%, and non-GAAP diluted EPS increased by 18%. The acquisition of CMC Materials closed on July 6, 2022, and its results are not included in the second quarter results.

Entegris reported a record performance in the first quarter of 2022. First-quarter sales were $649.6 million, an increase of 27% from the same quarter last year. First-quarter GAAP net income was $125.7 million, or $0.92 per diluted share. Non-GAAP earnings per diluted share was $1.06.

Entegris reported fourth-quarter sales of $635.2 million, an increase of 23% from the same quarter last year. Fourth-quarter GAAP net income was $118.2 million, or $0.87 per diluted share, and non-GAAP earnings per diluted share was $0.96.

Entegris reported strong third-quarter results with sales of $579.5 million, a 20% increase from the same quarter last year. GAAP net income was $117.5 million, or $0.86 per diluted share, while non-GAAP net income was $125.4 million, or $0.92 per diluted share.

Entegris reported strong second-quarter results with a 27% increase in revenue compared to the prior year, driven by accelerating demand for its product lines. The company's GAAP diluted EPS increased by 30%, and non-GAAP diluted EPS increased by 42%.

Entegris reported a strong first quarter with revenue of $512.8 million, a 24% increase year-over-year. GAAP diluted EPS was $0.62, up 38%, and non-GAAP diluted EPS was $0.70, a 27% increase. The company's performance was driven by accelerating industry conditions and strong demand for its leading-edge solutions.

Entegris reported a record year in sales, EBITDA, and EPS, driven by wins in new technology nodes and overall demand for its products and solutions. Fourth-quarter sales were $517.6 million, an increase of 21% from the same quarter last year. Fourth-quarter GAAP net income was $86.6 million, or $0.63 per diluted share. Non-GAAP net income was $97.1 million and non-GAAP earnings per diluted share was $0.71.

Entegris reported strong third-quarter results with revenue of $481.0 million, a 22% increase from the prior year. GAAP diluted EPS increased by 93% to $0.58, and non-GAAP diluted EPS increased by 34% to $0.67.

Entegris reported strong second-quarter results, with revenue of $448.4 million, an 18% increase from the prior year. GAAP diluted EPS was $0.50, while Non-GAAP diluted EPS was $0.60, a 54% increase.

Entegris reported first-quarter sales of $412.3 million, a 5% increase from the same quarter last year. GAAP net income was $61.0 million, or $0.45 per diluted share, while non-GAAP net income was $75.6 million and non-GAAP net income per diluted share was $0.55.

Entegris reported fourth-quarter sales of $427.0 million, an increase of 6% from the same quarter last year. GAAP fourth-quarter net income was $57.4 million, or $0.42 per diluted share. Non-GAAP net income was $74.6 million and non-GAAP net income per diluted share was $0.55.