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Dec 31, 2020

Entegris Q4 2020 Earnings Report

Entegris reported fourth-quarter results with revenue increasing 21% from the prior year.

Key Takeaways

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.

Fourth-quarter revenue of $518 million, increased 21% from prior year

Fourth-quarter GAAP diluted EPS of $0.63, increased 50%

Fourth-quarter Non-GAAP diluted EPS of $0.71, increased 29%

2020 revenue of $1,859 million, increased 17% from prior year

Total Revenue
$518M
Previous year: $427M
+21.2%
EPS
$0.71
Previous year: $0.55
+29.1%
Gross Profit
$231M
Previous year: $198M
+16.8%
Cash and Equivalents
$581M
Previous year: $352M
+65.1%
Free Cash Flow
$152M
Previous year: $103M
+47.8%
Total Assets
$2.92B
Previous year: $2.52B
+16.0%

Entegris

Entegris

Entegris Revenue by Segment

Forward Guidance

For the first quarter ending April 3, 2021, the Company expects sales of $510 million to $525 million, net income of $83 million to $90 million and diluted earnings per common share between $0.61 and $0.66. On a non-GAAP basis, the company expects diluted earnings per common share to range from $0.69 to $0.74, reflecting net income on a non-GAAP basis in the range of $94 million to $101 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income