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Dec 31, 2019

Entegris Q4 2019 Earnings Report

Entegris reported record results for the fourth quarter of 2019, driven by continued traction of advanced solutions.

Key Takeaways

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.

Fourth-quarter revenue of $427.0 million, increased 6% from prior year

Fiscal 2019 revenue of $1.6 billion, increased 3%

Fiscal 2019 GAAP diluted EPS of $1.87, increased 11%

Fiscal 2019 Non-GAAP diluted EPS of $1.93, increased 2%

Total Revenue
$427M
Previous year: $402M
+6.3%
EPS
$0.55
Previous year: $0.47
+17.0%
Gross Profit
$198M
Previous year: $180M
+10.0%
Cash and Equivalents
$352M
Previous year: $482M
-27.0%
Free Cash Flow
$103M
Previous year: $56.5M
+81.8%
Total Assets
$2.52B
Previous year: $2.32B
+8.6%

Entegris

Entegris

Entegris Revenue by Segment

Forward Guidance

For the first quarter ending March 28, 2020, the Company expects sales of $415 million to $430 million, net income of $56 million to $63 million and net income per diluted share between $0.41 and $0.46. On a non-GAAP basis, EPS is expected to range from $0.50 to $0.55 per diluted share, which reflects net income on a non-GAAP basis in the range of $68 million to $75 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income