Entegris Q3 2024 Earnings Report
Key Takeaways
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.
Net sales (as reported) were $808 million, a decrease of 9% from the prior year.
Adjusted net sales (excluding the impact of divestitures) increased 7% from the prior year.
GAAP diluted EPS was reported at $0.51.
Non-GAAP diluted EPS was $0.77.
Entegris
Entegris
Entegris Revenue by Segment
Forward Guidance
For the fourth quarter ending December 31, 2024, the Company expects sales of $810 million to $840 million. GAAP net income of $75 million to $86 million and diluted earnings per common share is expected to be between $0.49 and $0.56. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $0.75 to $0.82, reflecting net income on a non-GAAP basis in the range of $114 million to $125 million. The Company also expects adjusted EBITDA of approximately 28.5% to 29.5% of sales.
Revenue & Expenses
Visualization of income flow from segment revenue to net income