Entegris Q2 2020 Earnings Report
Key Takeaways
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.
Second-quarter revenue reached $448.4 million, up 18% year-over-year.
GAAP diluted EPS for the second quarter was $0.50, a decrease of 45%.
Non-GAAP diluted EPS for the second quarter increased by 54% to $0.60.
The company expects to continue to significantly outperform the market, driven by additional product wins in advanced technology nodes.
Entegris
Entegris
Entegris Revenue by Segment
Forward Guidance
For the third quarter ending September 26, 2020, the Company expects sales of $450 million to $475 million, net income of $70 million to $78 million and diluted earnings per common share between $0.51 and $0.57. On a non-GAAP basis, diluted earnings per common share is expected to range from $0.60 to $0.66, which reflects net income on a non-GAAP basis in the range of $82 million to $90 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income