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Jul 03, 2021
Entegris Q2 2021 Earnings Report
Entegris reported an increase in revenue and EPS for the second quarter of 2021.
Key Takeaways
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%.
Second-quarter revenue reached $571 million, a 27% increase year-over-year.
GAAP diluted EPS for the second quarter was $0.65, a 30% increase.
Non-GAAP diluted EPS for the second quarter was $0.85, a 42% increase.
The outlook for the full year 2021 has improved due to a strong market environment and demand.
Forward Guidance
For the third quarter ending October 2, 2021, the Company expects sales of $575 million to $590 million, net income of $104 million to $111 million and diluted earnings per common share between $0.76 and $0.81. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $0.84 to $0.89, reflecting net income on a non-GAAP basis in the range of $114 million to $121 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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