•
Dec 31, 2022

Entegris Q4 2022 Earnings Report

Reported a 49% increase in revenue compared to the prior year.

Key Takeaways

Entegris reported a solid fourth quarter, with revenue of $946 million, a 49% increase from the same quarter last year. GAAP net income was $57.4 million, or $0.38 earnings per diluted share, while non-GAAP net income was $124.5 million, or $0.83 earnings per diluted share.

Fourth-quarter revenue (as reported) of $946 million, increased 49% from prior year

Fourth-quarter revenue (proforma), increased 1%

Full-year 2022 revenue (as reported), increased 43% from prior year

Fourth-quarter GAAP diluted EPS of $0.38

Total Revenue
$946M
Previous year: $635M
+48.9%
EPS
$0.83
Previous year: $0.96
-13.5%
Gross Profit
$405M
Previous year: $295M
+37.1%
Cash and Equivalents
$563M
Previous year: $403M
+40.0%
Free Cash Flow
-$115M
Previous year: $39.3M
-393.1%
Total Assets
$10.1B
Previous year: $3.19B
+217.6%

Entegris

Entegris

Entegris Revenue by Segment

Forward Guidance

For the first quarter ending April 1, 2023, the Company expects sales of $880 million to $910 million, net income of $8 million to $16 million and diluted earnings per common share between $0.05 and $0.10. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $0.50 to $0.55, reflecting net income on a non-GAAP basis in the range of $75 million to $83 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income